ICBC Successfully Lists Multiple Note Series Under Its $20 Billion Medium-Term Note Program

Deep News06-22

The Industrial and Commercial Bank of China Limited (ICBC) has announced that its Dubai International Financial Centre branch has completed the listing of several series of medium-term notes under its $20 billion global medium-term note program.

The notes, for which an application for listing was submitted to the Stock Exchange of Hong Kong, include RMB 2.8 billion in notes maturing in 2029 with a fixed interest rate of 1.64%, and $300 million in floating-rate notes maturing in 2026. The listing was completed on June 22.

Additionally, the series of notes are intended for trading on the London Stock Exchange and Nasdaq Dubai, with the related listings and trading having taken effect on June 19.

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