Published on 4/25/2019 in the Prospect News Emerging Markets Daily.
New Issue: ICBC’s Singapore branch sells €500 million ¼% notes due 2022
By Marisa Wong
Morgantown, W.Va., April 25 – Industrial and Commercial Bank of China Ltd.’s Singapore branch issued €500 million of ¼% notes due 2022 on Thursday, according to a notice.
ICBC, Singapore Branch, Industrial and Commercial Bank of China (Asia) Ltd., Industrial and Commercial Bank of China (Europe) SA, ICBC International Securities Ltd., Credit Agricole CIB, Hongkong and Shanghai Banking Corp. Ltd., Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, China Everbright Bank Co., Ltd., Hong Kong Branch, Citigroup Global Markets Ltd., ING Bank NV, Singapore Branch, Mizuho Securities Asia Ltd., Oversea-Chinese Banking Corp. Ltd. and Standard Chartered Bank are the bookrunners for the euro-denominated notes.
The bank is based in Beijing.
Issuer: | Industrial and Commercial Bank of China Ltd., Singapore Branch
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Issue: | Notes
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Amount: | €500 million
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Maturity: | 2022
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Bookrunners: | ICBC, Singapore Branch, Industrial and Commercial Bank of China (Asia) Ltd., Industrial and Commercial Bank of China (Europe) SA, ICBC International Securities Ltd., Credit Agricole CIB, Hongkong and Shanghai Banking Corp. Ltd., Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, China Everbright Bank Co., Ltd., Hong Kong Branch, Citigroup Global Markets Ltd., ING Bank NV, Singapore Branch, Mizuho Securities Asia Ltd., Oversea-Chinese Banking Corp. Ltd. and Standard Chartered Bank
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Coupon: | ¼%
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Settlement date: | April 25
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