Summary by Moomoo AI
CM Bank Limited announces that its New York branch has successfully issued $300 million floating-rate notes under the $5 billion medium-term note program, which will mature in 2027. The issuance was jointly coordinated, lead-managed, and bookrun by several international banks, including Agricultural Bank of China, Bank of China, and Bank of Communications. In addition, DongFang Fund-Linked Investment Limited and Citigroup served as Social Responsibility Structural Advisors. CM Bank established this medium-term note program on May 28, 2014, and announced its listing on June 28, 2024. According to the extraction and issuance letter and pricing supplement dated July 8, 2024, the notes will only be issued to professional investors and are expected to be listed and traded on the Hong Kong Stock Exchange on July 16, 2024. The board of directors of CM Bank announced this on July 15, 2024.