Agricultural Bank of China lifts MTN program to $3.5 billion

By Marisa Wong

Morgantown, W.Va., Sept. 11 – Agricultural Bank of China Ltd. increased its guaranteed medium-term note program to $3.5 billion from $1.5 billion, according to a notice.

Notes will be issued through Inventive Global Investments Ltd. and guaranteed by Agricultural Bank of China (Hong Kong Branch).

ABC International and Agricultural Bank of China (Hong Kong Branch) are the dealers for the Regulation S program.

Listing of the updated program on the Stock Exchange of Hong Kong Ltd. is expected to take effect on Wednesday.

Based in Beijing, the commercial bank has branches in mainland China, Hong Kong and Singapore.

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