New Issue: Bank of China Macau Branch sells RMB 1 billion 3.08% notes due 2026

By Wendy Van Sickle

Columbus, Ohio, April 29 – Bank of China Ltd., Macau Branch sold RMB 1 billion 3.08% notes due 2026 (A1/A/A), according to an announcement of the Hong Kong exchange.

Bank of China, Credit Agricole CIB, Citigroup, BNP Paribas, China Everbright Bank Hong Kong Branch, China International Capital Corp., CTBC Bank, DBS Bank Ltd., HSBC, JPMorgan, KGI Asia, Mizuho Securities, MUFG and Scotiabank are the global coordinators, joint managers and bookrunners.

The Regulation S notes were sold under the lender’s $40 billion medium-term note program.

Proceeds will be used for general corporate purposes.

The issuer is the Macau branch of the Beijing-based bank.

Issuer:	Bank of China Ltd., Macau Branch
Issue:	Notes
Amount:	RMB 1 billion
Maturity:	2026
Bookrunners:	Bank of China, Credit Agricole CIB, Citigroup, BNP Paribas, China Everbright Bank Hong Kong Branch, China International Capital Corp., CTBC Bank, DBS Bank Ltd., HSBC, JPMorgan, KGI Asia, Mizuho Securities, MUFG and Scotiabank
Coupon:	3.08%
Listing date:	April 29
Ratings:	Moody’s: A1
	S&P: A
	Fitch: A
Distribution:	Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.