Published on 9/28/2020 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.
New Issue: China Merchants sells $300 million 0.95% sustainability notes
By Marisa Wong
Los Angeles, Sept. 28 – China Merchants Bank Co., Ltd. issued $300 million 0.95% fixed-rate sustainability notes due 2023 through its Luxembourg Branch, according to a notice.
The notes, issued under the bank’s $5 billion medium-term note program, were listed on the Luxembourg Stock Exchange on Monday.
The commercial bank is based in Shenzhen, China.
| Issuer: | China Merchants Bank Co., Ltd., Luxembourg Branch
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| Issue: | Fixed-rate sustainability notes
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| Amount: | $300 million
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| Maturity: | 2023
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| Coupon: | 0.95%
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| Listing date: | Sept. 28
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| Listing: | Luxembourg Stock Exchange
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