China’s ABC International launches $3.5 billion medium term note program

By William Gullotti

Buffalo, N.Y., Aug. 23 – ABC International Holdings Ltd. has applied to list a $3.5 billion medium-term note program, according to a listing notice Monday.

The notes would be issued by Inventive Global Investments Ltd. and guaranteed by the parent company.

ABC International and Agricultural Bank of China Ltd., Hong Kong Branch are the arrangers and dealers for the Regulation S program.

The listing is expected to take effect on Aug. 24.

ABC International is owned by Agricultural Bank of China Ltd., a Beijing-based commercial bank with branches in mainland China, Hong Kong and Singapore.

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