Hong Kong's Skysea schedules two-day roadshow for dollar bond issue

By Christine Van Dusen

Atlanta, Oct. 31 - Skysea International Capital Management - a subsidiary of Hong Kong's Industrial and Commercial Bank of China Ltd. (ICBC) - has mandated Barclays Capital, HSBC, ICBC International, Standard Chartered and UBS as bookrunners for a dollar-denominated issue of notes, a market source said.

A roadshow will be held on Nov. 1 and Nov. 2 in Hong Kong, Singapore, London and Switzerland.

Proceeds will be used to develop ICBC's offshore leasing business.

Skysea is based in the British Virgin Islands.

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