By Marisa Wong
Madison, Wis., Feb. 12 – Industrial and Commercial Bank of China Ltd. announced the issuance of $600 million of floating-rate notes due 2018.
The notes were issued by ICBC’s Luxembourg Branch under its €8 billion medium-term note program established in January, according to a notice.
Other terms of the deal were not disclosed.
ICBC is based in Beijing.
| Issuer: | Industrial and Commercial Bank of China Ltd., Luxembourg Branch
|
| Issue: | Medium-term notes
|
| Amount: | $600 million
|
| Maturity: | 2018
|
| Coupon: | Floating
|
| Trade date: | Feb. 12
|
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