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China CITIC Bank issues US$1.8B of notes

China CITIC Bank Corp. Ltd. issued US$1.8 billion of fixed- and floating-rate notes in four tranches.

The bank issued US$300 million of 2.875% notes due 2020 and US$250 million of 3.125% notes due 2022. Further, the Chinese lender issued US$700 million of floating-rate notes due 2020 and US$550 million of floating-rate notes due 2022.

China CITIC Bank International, ABC International, Bank of China, China Securities International, Citigroup, CITIC CLSA Securities, CNCB HK Capital, ICBC International and Mizuho Securities acted as joint global coordinators, joint book runners and joint lead managers for the issuance.

Bank of Communications, China Everbright Bank's Hong Kong branch, China Minsheng Banking Corp. Ltd.'s Hong Kong branch, CTBC Bank (Hong Kong Branch), HSBC, Industrial Bank Co. Ltd.'s Hong Kong branch, Orient Securities (Hong Kong), Ping An of China Securities (Hong Kong) Co. Ltd., SPDB International, Shanghai Pudong Development Bank's Hong Kong branch and Wing Lung Bank Ltd. also acted as joint book runners and joint lead managers for the issuance.

The notes are expected to be listed on the Hong Kong stock exchange on Dec. 15.