New Issue: China International Capital prices $600 million floating-rate notes due 2021

New York, April 18 – China International Capital Corp. Ltd. priced $600 million of five-year floating-rate notes due 2021 (BBB/BBB+), according to an announcement.

The notes have a coupon of Libor plus 120 basis points and came to market at par.

CICC HK Securities, Citigroup and Standard Chartered Bank were joint global coordinators and joint bookrunners and joint lead managers along with ABC International, Agricultural Bank of China Ltd. Hong Kong Branch, Bank of China (Hong Kong), Bank of Communications, China Construction Bank (Asia), China Minsheng Banking Corp., Ltd., Hong Kong Branch, Goldman Sachs (Asia) LLC, HSBC, ICBC (Asia), Industrial Bank Co., Ltd. Hong Kong Branch, OCBC Bank and Shanghai Pudong Development Bank Hong Kong Branch.

The notes were sold by CICC Hong Kong Finance 2016 MTN Ltd. from the company’s medium-term note program under Regulation S.

Proceeds will be used to repay existing debt of China International Capital Corp. (Hong Kong) Ltd. group and for working capital and general corporate purposes of the Hong Kong group.

Issuer:	CICC Hong Kong Finance 2016 MTN Ltd. (China International Capital Corp. Ltd.)
Issue:	Floating-rate notes
Amount:	$600 million
Maturity:	April 25, 2021
Coupon:	Libor plus 120 bps
Price:	Par
Bookrunners:	CICC HK Securities, Citigroup, Standard Chartered Bank (global coordinators), ABC International, Agricultural Bank of China Ltd. Hong Kong Branch, Bank of China (Hong Kong), Bank of Communications, China Construction Bank (Asia), China Minsheng Banking Corp., Ltd., Hong Kong Branch, Goldman Sachs (Asia) LLC, HSBC, ICBC (Asia), Industrial Bank Co., Ltd. Hong Kong Branch, OCBC Bank and Shanghai Pudong Development Bank Hong Kong Branch
Ratings:	S&P: BBB
	Fitch: BBB+
Pricing date:	April 18
Settlement date:	April 25
Distribution:	Regulation S

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