China Development Bank Corp. issued U.S. dollar- and euro-denominated notes under its US$30 billion debt issuance program.
The bank said Jan. 24 that it would issue US$1 billion of 2.625% notes due 2022, US$500 million of 3.375% notes due 2027 and US$500 million of 4.00% notes due 2037.
The lender also planned to issue €1.5 billion of 0.125% notes due 2020 and €400 million of 0.875% notes due 2024.
China Construction Bank (Asia), Bank of China (Hong Kong), BOCOM Hong Kong branch, KGI Asia, MUFG, Standard Chartered Bank, UBS, BNP Paribas, Deutsche Bank and HSBC were the joint book runners and lead managers for the 2022 and 2027 U.S. dollar notes.
BNP Paribas, BOC International, Deutsche Bank, HSBC, ING and KGI Asia were the joint book runners and lead managers for the 2037 U.S. dollar notes.
China Construction Bank (Europe) S.A., ICBC, BOC International, Barclays, BNP Paribas, Commerzbank, Deutsche Bank, HSBC, ING and Mizuho Securities were the joint book runners and lead managers for the euro notes.