China’s Shanghai Pudong launches $5 billion medium-term note program

By William Gullotti

Buffalo, N.Y., June 29 – Shanghai Pudong Development Bank Co., Ltd. is listing a $5 billion medium-term note program, according to an offering circular published on Tuesday

The joint arrangers and dealers for the program are Citigroup, Shanghai Pudong Development Bank and SPDB International.

The Regulation S program is expected to become effective June 30.

The lender is based in Shanghai.

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