16 April 2014
CMB closed its RMB 1 billion dim sum bond offering
China Merchants Bank Company Limited (“CMB, 3968HK / 600036SH”) closed its 2014 RMB 1 billion dim sum bond offering (“the bond”) on April 3rd and the bond started to be traded on April 11th, 2014. The bond has 3-year maturity with a coupon rate of 4.10%. The issuer is BBB+/Baa3/BBB rated (Standard & Poor's/Moody's/Fitch Ratings) and the bond is unrated. CICC acted as Joint Lead Underwriter and Joint Bookrunner.