New Issue: Export-Import Bank of China sells $300 million, €700 million of notes

By Sarah Lizee

Olympia, Wash., Oct. 15 – Export Import Bank of China sold $300 million of floating-rate notes due 2022 and €700 million of zero-coupon notes due 2024 (A1/A+), according to two notices of listing.

The floating-rate notes were issued through the bank’s Paris branch.

The lead managers and bookrunners for the floating-rate notes were Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, Barclays Bank plc, Credit Agricole CIB, MUFG Securities Asia Ltd., Bocom International Securities Ltd., CTBC Bank Co. Ltd. and Mizuho Securities Asia Ltd.

The lead managers and bookrunners for the zero-coupon notes were Bank of China, Bank of Communications Hong Kong Branch, Barclays Bank, Credit Agricole, MUFG Securities Asia, China Construction Bank (Europe) SA, Commerzbank AG and ING Bank NV, Singapore Branch.

Issuer:	Export Import Bank of China
Issue date:	Oct. 15
Listing date:	Oct. 16
Distribution:	Regulation S
Ratings:	Moody’s: A1
	S&P: A+
Floating-rate notes
Amount:	$300 million
Maturity:	2022
Bookrunners:	Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, Barclays Bank plc, Credit Agricole CIB, MUFG Securities Asia Ltd., Bocom International Securities Ltd., CTBC Bank Co. Ltd. and Mizuho Securities Asia Ltd.
Coupon:	Floating rate
Zero-coupon notes
Amount:	€700 million
Maturity:	2024
Bookrunners:	Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, Barclays Bank plc, Credit Agricole CIB, MUFG Securities Asia Ltd., China Construction Bank (Europe) SA, Commerzbank AG and ING Bank NV, Singapore Branch
Coupon:	0%

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