Zheng Quan Zhi Xing·2025-08-05 16:20Core Viewpoint - China CITIC Bank Corporation Limited is issuing $300 million floating rate notes under its $5 billion medium-term note program, maturing in 2028, with plans for listing and trading on the Hong Kong Stock Exchange [1][2]. Group 1: Issuance Details - The bank has applied to the Hong Kong Stock Exchange for approval to issue bonds exclusively to professional investors, as defined by the exchange's listing rules [2]. - The floating rate notes are part of a larger $5 billion medium-term note program, indicating the bank's strategy to raise capital through debt instruments [2]. Group 2: Listing and Trading - The notes are expected to be approved for listing and trading on August 6, 2025, following the issuance announcement dated July 21, 2025 [2]. - The issuance is managed by a consortium of banks, including CITIC Bank International and several other financial institutions, highlighting a collaborative approach to the bond issuance [1].