NEWS： ICBC Dubai Branch issued 500 million euros floating rate bonds
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A joint report released Wednesday showed that Dubai Branch of Industrial and Commercial Bank of China has issued a ? 500 million ($ 556 million) three-year floating rate bond with an interest rate of 60 basis points over the euro bank lending rate (Euribor).
The initial guidance price released earlier on Wednesday is between 75-80 basis points over Euribor. The document shows that the amount of bond subscription has more than 1.5 billion euros.
BNP Paribas, ICBC Asia, ICBC International and Standard Chartered Bank are global joint coordination banks, which are combined with Citigroup and French Agricultural Credit Bank.
please contact sales@tanchin.hk for any inquiry
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