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Published on 5/14/2014 in the Prospect News Emerging Markets Daily.

Agricultural Development Bank of China launches RMB 2 billion two-year notes at 3%

By Christine Van Dusen

Atlanta, May 14 - Agricultural Development Bank of China launched its RMB 2 billion offering of two-year notes (expected rating: Aa3) at 3%, a market source said.

Bank of China, Standard Chartered Bank, ICBC Asia, CCB International, Agricultural Bank of China, Bank of Communications, HSBC, Credit Agricole and National Australia Bank are the bookrunners for the Regulation S deal.


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