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Published on 9/22/2016 in the Prospect News Emerging Markets Daily.

New Issue: ICBC’s Singapore branch issues RMB 1.6 billion 3.2% notes due 2018

By Marisa Wong

Morgantown, W.Va., Sept. 22 – Industrial and Commercial Bank of China Ltd. issued RMB 1.6 billion of 3.2% medium-term notes due 2018 through its Singapore branch, according to a notice on Thursday.

Details of the issuance were not disclosed.

The bank is based in Beijing.

Issuer:Industrial and Commercial Bank of China Ltd., Singapore Branch
Issue:Fixed-rate medium-term notes
Amount:RMB 1.6 billion
Maturity:2018
Coupon:3.2%
Announcement date:Sept. 22

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