New Issue: China International Capital prices $1 billion floating-rate notes due 2023

Chicago, Feb. 10 – China International Capital Corp. Ltd. priced $1 billion of floating-rate notes (Baa1) due 2023 at par, according to an announcement.

The interest rate on the notes is Libor plus 90 basis points.

The notes were issued under the company’s $3 billion guaranteed medium-term note program by CICC Hong Kong Finance 2016 MTN Ltd. and guaranteed by China International.

China International Capital Corp., Hong Kong Securities Ltd., Citigroup Global Markets Ltd., Standard Chartered Bank are the joint global coordinators.

CICC HK Securities, Citigroup, Standard Chartered Bank, ABCI Capital Ltd., Agricultural Bank of China Ltd. Hong Kong Branch, Bank of Communications Co., Ltd. Hong Kong Branch, China Citic Bank International Ltd., China Construction Bank (Asia) Corp. Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Credit Agricole CIB, Industrial Bank Co., Ltd. Hong Kong Branch, Orient Securities (Hong Kong) Ltd. and Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch are the joint bookrunners and joint lead managers.

Proceeds from the Regulation S notes will be used to repay debt and for general corporate purposes of the guarantor and its subsidiaries.

Issuer:	CICC Hong Kong Finance 2016 MTN Ltd.
Guarantor:	China International Capital Corp. Ltd.
Issue:	Floating-rate notes
Amount:	$1 billion
Maturity:	2023
Joint global coordinators:	China International Capital Corp., Hong Kong Securities Ltd., Citigroup Global Markets Ltd., Standard Chartered Bank
Bookrunners:	China International Capital Corp. Hong Kong Securities Ltd., Citigroup, Standard Chartered Bank, ABCI Capital Ltd., Agricultural Bank of China Ltd. Hong Kong Branch, Bank of Communications Co., Ltd. Hong Kong Branch, China Citic Bank International Ltd., China Construction Bank (Asia) Corp. Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Credit Agricole CIB, Industrial Bank Co., Ltd. Hong Kong Branch, Orient Securities (Hong Kong) Ltd. and Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch
Interest rate:	Libor plus 90 bps
Price:	Par
Yield:	Libor plus 90 bps
Pricing date:	Feb. 10
Settlement date:	Feb. 19
Rating:	Moody’s: Baa1
Distribution:	Regulation S

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