Summary by Futu AI
Bank of China Limited ("BOC") announced the successful issuance of a total amount of USD 800 million floating rate notes by its Sydney branch, which will mature in 2027. The notes were issued under a USD 40 billion medium-term note programme established by BOC. Under the regulations of the Hong Kong Stock Exchange, the notes were only offered to professional investors. BOC announced the news on June 14, 2024 through its board of directors, including executive directors and independent non-executive directors. The notes are expected to begin trading on the Hong Kong Stock Exchange on June 17, 2024. A series of international banks acted as joint global coordinators, joint lead managers and joint bookrunners for the issuance, including Agricultural Bank of China, Australia and New Zealand Banking Group, Bank of Communications, and Barclays, etc.