ICBC plans $4 billion medium-term note program via Horse Gallop unit

By Wendy Van Sickle

Columbus, Ohio, July 15 – Horse Gallop Finance plans to list a $4 billion medium-term note program that will be guaranteed by Industrial and Commercial Bank of China Ltd., according to a notice of listing with the Stock Exchange of Hong Kong Ltd.

ICBC (Asia), ICBC International and HSBC are the arrangers and dealers.

The listing is expected to become effective on Thursday.

ICBC is based in Beijing.

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