New Issue: Bank of China Macau sells MOP 1 billion, HK$4 billion notes due 2022

By Wendy Van Sickle

Columbus, Ohio, March 5 – Bank of China Ltd., Macau Branch issued MOP 1 billion of 1.9% notes due 2022 (A/A) and HK$4 billion of 1.95% notes (A/A) due 2022, according to a listing notice.

Bank of China, CCB Macau Branch, China Guangfa Bank Co., Ltd. Macau Branch, Luso Bank Ltd. and Tai Fung Bank were the joint lead managers and bookrunners for the notes denominated in Macanese pataca.

Bank of China, Commonwealth Bank of Australia, HSBC, Agricultural Bank of China Ltd. Hong Kong Branch, Credit Agricole CIB, Citigroup, DBS Bank Ltd., IBC (Asia), J.P. Morgan and Scotiabank were the joint lead managers and bookrunners for the tranche denominated in Hong Kong dollars.

The notes (A/A) were issued under the bank’s $40 billion medium-term note program.

Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective Friday.

The bank is based in Beijing.

Issuer:	Bank of China Ltd., Macau Branch
Issue:	Medium-term notes
Amount:	MOP 1 billion, HK$4 billion
Listing date:	March 6
Ratings:	S&P: A
	Fitch: A
Macanese pataca notes
Amount:	MOP 1 billion
Maturity:	2022
Managers:	Bank of China, CCB Macau Branch, China Guangfa Bank Co., Ltd Macau Branch, Luso Bank Ltd. and Tai Fung Bank
Coupon:	1.9%
Hong Kong-dollar notes
Amount:	HK$4 billion
Maturity:	2022
Managers:	Bank of China, Commonwealth Bank of Australia, HSBC, Agricultural Bank of China Ltd. Hong Kong Branch, Credit Agricole CIB, Citigroup, DBS Bank Ltd., IBC (Asia), J.P. Morgan and Scotiabank
Coupon:	1.95%

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