China’s ICBC plans to list $20 billion medium-term note program

By Wendy Van Sickle

Columbus, Ohio, Aug. 13 – ICBCIL Finance Co. Ltd. plans to list a $20 billion medium-term note program that will have the benefit of a keepwell and liquidity support deed by ICBC Financial Leasing Co., Ltd., according to a notice of listing with the Stock Exchange of Hong Kong Ltd.

ICBC, Bank of China, Bank of Communications, BNP Paribas and Goldman Sachs (Asia) LLC are the arrangers and dealers.

The listing is expected to become effective on Friday.

ICBC is based in Beijing.

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