ICBC issues new USD and CNY notes under global program

Industrial and Commercial Bank of China (HKEX:1398) has announced the issuance of new notes from its Hong Kong, Singapore, and Dubai (DIFC) branches under its U.S.$20,000,000,000 Global Medium Term Note Programme. The Hong Kong branch issued U.S.$1,000,000,000 Floating Rate Notes due 2028, listed on the HKEX (stock code: 5563). The Singapore Branch issued U.S.$300,000,000 4.125 per cent. Notes due 2028, also listed on the HKEX (stock code: 5569). The Dubai (DIFC) Branch issued CNY3,000,000,000 2.00 per cent. Notes due 2028, listed on the HKEX (stock code: 85026). The Notes are issued as "Carbon Neutrality" themed international green bonds. Application will be made for recognition under the SGX Sustainable Fixed Income Initiative. The notes are intended for professional investors only. Moody’s expects to assign a rating of “A1”.