New Issue: China's ICBC prices RMB 2 billion senior notes due 2016, 2018

By Christine Van Dusen

Atlanta, Nov. 12 - Industrial and Commercial Bank of China Ltd. priced a combined RMB 2 billion of three- and five-year notes on Tuesday in a Regulation S deal, a market source said.

The deal included RMB 1.3 billion 3.35% notes due 2016 that priced at par and RMB 700 million 3¾% notes due 2018 that priced at par.

ICBC London, ICBC Asia, ICBC International, RBS, JPMorgan and Standard Chartered Bank were the bookrunners for the transaction.

The bank is based in Beijing.

Issuer:	Industrial and Commercial Bank of China Ltd.
Amount:	RMB 2 billion
Description:	Senior notes
Bookrunners:	ICBC London, ICBC Asia, ICBC International, RBS, JPMorgan, Standard Chartered Bank
Trade date:	Nov. 12
Settlement date:	Nov. 19
Distribution:	Regulation S
Notes due 2016
Amount:	RMB 1.3 billion
Maturity:	Nov. 19, 2016
Coupon:	3.35%
Price:	Par
Yield:	3.35%
Notes due 2018
Amount:	RMB 700 million
Maturity:	Nov. 19, 2018
Coupon:	3¾%
Price:	Par
Yield:	3¾%

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