Summary by Futu AI
Bank of China Limited announced that its Panama branch will issue floating rate notes totaling $300 million, due to expire in 2026. The notes will be issued under Bank of China's $40 billion medium-term note program. According to the rules of the Hong Kong Stock Exchange, the notes will only be issued to professional investors. The notes are expected to be listed and traded on the Hong Kong Stock Exchange on June 27, 2024. Bank of China issued this announcement on June 26, 2024 and noted that board members include executive directors and independent non-executive directors.