China’s Bank of Communications listed a tranche from its Medium Term Note programme on the Luxembourg Stock Exchange (LuxSE)

LUXEMBOURG, 25-8-2015 — /EuropaWire/ — On 21 August 2015, Bank of Communications, via its special purpose vehicle Azure Orbit II, listed a tranche from its Medium Term Note programme on the Luxembourg Stock Exchange (LuxSE).

This is the first Luxembourg listing by Bank of Communications and comes just three months after the bank opened an office in Luxembourg to serve as its European hub.

The notes listed in Luxembourg are floating rate guaranteed notes for an issue amount of EUR 100 million and are part of the USD 10 billion Medium Term Note programme of Bank of Communications. They were listed and admitted to trading to the EURO MTF market of LuxSE.

The notes (XS1272164440) mature in 2018 and pay a quarterly coupon of 1.15% above the three-month EURIBOR floating rate.

The Luxembourg office of Bank of Communications will be paying agent, transfer agent, calculation agent and registrar for the listing. Lead Managers for the issue were Bank of Communications Hong Kong Branch, Bank of Communications International, ANZ, HSBC and Standard Chartered Bank.

With its headquarters in Shanghai, Bank of Communications is one of China’s oldest and is ranked nineteenth among the global top 1,000 banks in terms of Tier 1 Capital. The bank is one of the major financial services providers in China.

About Luxembourg Stock Exchange

The Luxembourg Stock Exchange (LuxSE) is the gateway to access international investors.
With 40,000 listed securities, including some 26,000 bonds, from 3,000 issuers in 100 countries, LuxSE is the world’s number one exchange for the listing of international securities and offers a unique full service throughout listing, trading and reporting.
LuxSE operates two markets: an EU regulated market (“Bourse de Luxembourg”) and an exchange-regulated market (“Euro MTF”). All securities are tradable on Euronext’s UTP platform.
LuxSE also operates a specialist subsidiary, Fundsquare, which provides services to substantially support and standardize cross-border distribution of investment funds.

For more information: www.bourse.lu

For any additional information please contact Maurice Bauer
(tel. +352 47 79 36 248, e-mail: mba@bourse.lu)

SOURCE: Société de la Bourse de Luxembourg S.A.