ICBC bond

ICBC sells $750 million bond through Hong Kong branch

The deal launches shortly after S&P downgrades global banks, but insurance funds keen for direct exposure to the mainland parent anchor the deal.
<div style="text-align: left;"> ICBC's dollar bond offers most direct exposure yet to a Chinese bank (AFP) </div>
<div style="text-align: left;"> ICBC's dollar bond offers most direct exposure yet to a Chinese bank (AFP) </div>
December 01, 2011

The Hong Kong branch of Industrial & Commercial Bank of China late Wednesday night priced a $750 million 10-year senior bond that offers direct exposure to the bank’s onshore parent.

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