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Bank of China units issue notes

Bank of China Ltd. said two of its units issued notes to professional investors.

The bank's Hong Kong branch issued US$1 billion of floating-rate notes due 2022 and US$600 million of 2.375% notes due 2025.

Bank of China, Crédit Agricole CIB, J.P. Morgan, Scotiabank, Commonwealth Bank of Australia, Mitsubishi UFJ Financial Group, Bank of Communications, China Everbright Bank's Hong Kong branch and ABC International acted as joint lead managers and joint book runners for the issuance.

In addition, Bank of China (Luxembourg) SA issued €800 million of 0.125% notes due 2023.

Bank of China, Crédit Agricole CIB, BNP Paribas, Commerzbank, ING and DZ Bank AG acted as joint lead managers and joint book runners for the issuance.

The notes were issued under Bank of China's US$40 billion medium-term note program. The listing of the notes on the Stock Exchange of Hong Kong is expected to take effect Jan. 17.