New Issue: China’s Shanghai Pudong sells $500 million floaters due 2023

Chicago, July 27 – Shanghai Pudong Development Bank Co. Ltd. sold $500 million floating-rate notes due 2023, according to a listing notice.

The notes were issued under the company’s recently listed $5 billion medium-term note program.

Joint global coordinators, joint bookrunners and joint lead managers were Shanghai Pudong Development Bank Hong Kong Branch, Bank of Communications, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Guotai Junan International, Haitong International, ICBC, Industrial Bank Co., Ltd. Hong Kong Branch and MUFG.

Joining as joint bookrunners and joint lead managers are Agricultural Bank of China, AMTD, Bank of China, CCB International, China Citic Bank International, China Everbright Bank Hong Kong Branch, China International Capital Corp., Chiyu Banking Corp. Ltd., Citigroup, Credit Agricole CIB, DBS Bank Ltd., Nanyang Commercial Bank, SPDB Singapore, SPDB International, Standard Chartered Bank and Bank of East Asia, Ltd.

The lender is based in Shanghai.

Issuer:	Shanghai Pudong Development Bank Co. Ltd.
Issue:	Floating-rate notes
Amount:	$500 million
Maturity:	2023
Bookrunners:	Shanghai Pudong Development Bank Hong Kong Branch, Bank of Communications, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Guotai Junan International, Haitong International, ICBC, Industrial Bank Co., Ltd. Hong Kong Branch, MUFG, Agricultural Bank of China, AMTD, Bank of China, CCB International, China Citic Bank International, China Everbright Bank Hong Kong Branch, China International Capital Corp., Chiyu Banking Corp. Ltd., Citigroup, Credit Agricole CIB, DBS Bank Ltd., Nanyang Commercial Bank, SPDB Singapore, SPDB International, Standard Chartered Bank and Bank of East Asia, Ltd.
Pricing date:	July 10
Listing date:	July 28

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