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China Development Bank talks four-year euro notes to yield mid-swaps plus 75 bps
By Rebecca Melvin
New York, Dec. 4 – China Development Bank was talking a euro-denominated offering of four-year fixed-rate notes to yield mid-swaps plus 75 basis points on Tuesday, according to a syndicate source.
The note is part of a multi-tranche deal that includes three-year and five-year dollar-denominated floating-rate senior notes.
The Regulation S euro notes are being sold via Bank of China, China Construction Bank (Europe), HSBC, Standard Chartered Bank, BNP Paribas, Barclays, MUFG, Commerzbank, Deutsche Bank, and DZ Bank AG.
The lender is based in Shenzhen, China.
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