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Published on 7/24/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s ICBC Macau to redeem $320 million 3 7/8% notes due 2024

By Sarah Lizee

Olympia, Wash., July 24 – Industrial and Commercial Bank of China (Macau) Ltd. will redeem its $320 million 3 7/8% subordinated notes due 2024, according to a notice.

The notes will be redeemed on Sept. 10 at par plus accrued interest up to but excluding the reset date.

The bank is based in Macau.


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