Macau-based Luso International Banking Ltd. plans to list US$250 million of subordinated capital notes.
The notes carry a coupon of 5.375% and are due 2027, according to a Dec. 28 release.
The bank has applied with the Hong Kong stock exchange to list the notes, which is expected to take effect Dec. 29.
BOC International, CMB International and Luso International Banking Ltd. are joint global coordinators, joint book runners and joint lead managers. China Industrial Securities International and CITIC CLSA Securities are also joint book runners and joint lead managers.
