Agricultural Development Bank of China (ADBC) 2018-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CNY1,200.0002Sep-20Senior-A+-FixedYLD-4.45% a-4.16%-100.00000
USD700.0003Sep-21Senior-A+-Floating3mL-3mL+85 a623mL+62-100.00000
Tranche Comments
2 yr: Registration: Reg S Only; Comments: CNH1.2bn 2.000yr 4.16% Fxd. snr Reg S only. A+. BoC/StCh/BoCom/CA-CIB/BOCOMI/ABCHK/ABCI/ICBCA/HSBC/Miz/CMZ/Citi/JPM. 4.45%a. Tax Call: No. PP: No. XD: No; 3 yr: Registration: Reg S Only; Comments: USD700m 3.000yr FRN. snr Reg S only. A+. BoC/StCh/BoCom/CA-CIB/BOCOMI/ABCHK/ABCI/ICBCA/HSBC/Miz/CMZ/Citi/JPM. 3mL+85a. 3mL+62. Tax Call: No. PP: No. XD: No;
Use of Proceeds
To fund its credit business, and for working capital and corporate purposes