By Sarah Lizee
Olympia, Wash., July 3 – CMB International Leasing Management Ltd. sold $900 million of 3% notes due 2024 and $100 million of 3 7/8% notes due 2029, according to a Stock Exchange of Hong Kong listing notice.
The notes were issued under the company’s $20 billion medium-term note program.
The arrangers and dealers are Agricultural Bank of China Ltd., Bank of China, China Everbright Bank Hong Kong Branch, CMB International, MUFG, Standard Chartered Bank, ANZ, Citigroup and MB Wing Lung Bank Ltd.
The program is supported by CMB Financial Leasing Co. Ltd.
Listing is expected for July 4.
The company provides financial leasing to businesses in China.
| Issuer: | CMB International Leasing Management Ltd.
|
| Issue: | Notes
|
| Amount: | $1 billion
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| Bookrunners: | Agricultural Bank of China Ltd., Bank of China, China Everbright Bank Hong Kong Branch, CMB International, MUFG, Standard Chartered Bank, ANZ, Citigroup and MB Wing Lung Bank Ltd.
|
| Listing date: | July 4
|
|
|
| 2024 notes
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| Amount: | $900 million
|
| Maturity: | 2024
|
| Coupon: | 3%
|
|
|
| 2029 notes
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| Amount: | $100 million
|
| Maturity: | 2029
|
| Coupon: | 3 7/8%
|
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