Chicago, Jan. 16 – Bank of China (Hong Kong) Ltd. priced $1.6 billion of notes (A/A) in two tranches, according to a listing notice.
The deal included $1 billion of floating-rate notes due 2022 and a second tranche of $600 million 2 3/8% notes due 2025.
The notes were issued under the bank’s $40 billion medium-term note program.
Proceeds will be used for general corporate purposes.
Joint global coordinators were Bank of China, Credit Agricole CIB and JP Morgan.
Joining them as joint lead managers and joint bookrunners were Scotiabank, Commonwealth Bank of Australia, MUFG, Bank of Communications, China Everbright Bank Hong Kong Branch and ABC International.
| Issuer: | Bank of China (Hong Kong) Ltd.
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| Amount: | $1.6 billion
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| Description: | Floating-rate notes and fixed-rate notes
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| Joint global coordinators: | Bank of China, Credit Agricole CIB and JP Morgan
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| Joint bookrunners: | Bank of China, Credit Agricole CIB and JP Morgan, Scotiabank, Commonwealth Bank of Australia, MUFG, Bank of Communications, China Everbright Bank Hong Kong Branch and ABC International
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| Pricing date: | Jan. 7
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| Settlement date: | Jan. 17
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| Ratings: | S&P: A
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| Fitch: A
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| Floating-rate notes
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| Amount: | $1 billion
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| Maturity: | 2022
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|
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| Fixed-rate notes
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| Amount: | $600 million
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| Maturity: | 2025
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| Coupon: | 2 3/8%
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