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Export-Import Bank of China offers two tranches of euro, dollar notes
By Rebecca Melvin
New York, Nov. 20 – Export-Import Bank of China (Chexim) is offering two tranches of euro- and dollar-denominated notes that were expected to price on Tuesday, according to a market source.
The two Regulation S notes (A1/A+) were being offered under the bank’s medium-term note program, and deal sizes were expected to be benchmark size of no smaller than $300 million each.
No pricing information was immediately available.
Bank of China, Bocom HK Branch, Barclays, Credit Agricole CIB, MUFG, China Construction Bank (Europe) SA, DBS Bank, ING Bank, KGI Asia, Mizuho Securities Asia and Westpac Banking are joint lead managers and joint bookrunners for the deal.
A listing on the Singapore Exchange Securities Trading Ltd. is planned.
Chexim is a lender based in Beijing.
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