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ICBC's Singapore branch establishes US$20B euro medium-term note program

Industrial and Commercial Bank of China Limited.'s Singapore branch established a US$20 billion Euro medium-term note program.

The net proceeds from note issuances will be used by the bank to finance its operations and for its general corporate purposes. The lender will also use the proceeds to finance or refinance eligible green assets that promote the transition to a low-carbon and sustainable economy.

The notes will be listed on the Singapore Exchange Securities Trading Ltd.

Industrial and Commercial Bank of China's Singapore branch, Industrial and Commercial Bank of China (Asia), ICBC International, Standard Chartered Bank, DBS Bank, HSBC, Australia and New Zealand Banking Group and United Overseas Bank are the dealers for the program.