China Development Bank increases shelf to $1 billion, names six bookrunners

New York, Sept. 8 - China Development Bank increased its shelf registration by $500 million to a total of $1 billion.

The change was made in an S-B/A filing with the Securities and Exchange Commission Wednesday.

The government-owned lender also named Merrill Lynch & Co., BNP Paribas, Goldman Sachs (Asia) LLC, HSBC, Morgan Stanley and UBS Investment Bank as joint bookrunners for a notes offering.

The proposed notes will be non-callable. No size was specified.

China Development Bank is owned by the People's Republic of China and provides long-term financing to help develop industries that the central government wants to encourage.

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