By Marisa Wong
Morgantown, W.Va., Dec. 13 – Industrial and Commercial Bank of China Ltd. issued $900 million of floating-rate medium-term notes through its London branch, according to a Stock Exchange of Hong Kong Ltd. notice on Wednesday.
The issuance included $600 million of notes due 2020 and $300 million of notes due 2022.
The two series of notes were issued under the bank’s $10 billion MTN program established in December 2015.
Listing of the notes on the London Stock Exchange is expected to take place on Dec. 14.
ICBC is based in Beijing.
| Issuer: | Industrial and Commercial Bank of China Ltd., London Branch
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $900 million
|
| Maturity: | 2020 for $600 million, 2022 for $300 million
|
| Listing date: | Dec. 14
|
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