中国农业发展银行向市场宣布近期将发行美元和离岸人民币双币种债券

 

2018年9月14日13时58分，中国农业发展银行向市场宣布近期将发行美元高级无抵押债券和离岸人民币高级无抵押债券。中国银行、渣打银行、交通银行担任本次交易的联席全球协调人。

   

Mandate Announcement

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”)) OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. 

Agricultural Development Bank of China (the “Bank”), rated A1 by Moody's and A+ by S&P with both Stable outlook, has mandated Bank of China, Standard Chartered Bank and Bank of Communications as Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers and Crédit Agricole CIB, BOCOM International, Agricultural Bank of China Limited Hong Kong Branch, ABC International, ICBC (Asia), HSBC, Mizuho Securities, Commerzbank, Citigroup and J.P. Morgan as Joint Bookrunners and Joint Lead Managers to arrange a series of fixed income investor meetings in Hong Kong and Singapore, commencing on 17 September, 2018. A proposed offering of U.S. dollar-denominated Regulation S (Category 1) senior bonds (the “USD Bonds”) and/or CNH-denominated Regulation S (Category 1) senior bonds (the “CNH Bonds”) may follow. The USD Bonds and CNH Bonds are expected to be rated A+ by S&P.

FCA / ICMA stabilization applies.

This communication is confidential and solely for the use of the person it is addressed to and its advisers. Release, transmission or distribution to any other person is prohibited. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for the Bonds or any other securities of the Bank in the United States or any other jurisdiction. The Bonds referred to herein have not been and will not be registered under the Securities Act, or the securities laws of any state of the United States or any other jurisdiction. The Bonds will only be offered and sold outside the United States in reliance on Regulation S under the Securities Act and may not be offered or sold within the United States absent registration under, or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws of the United States. Any failure to comply with the above restrictions may result in a violation of the Securities Act or the applicable laws of other jurisdictions. No public offering of the Bonds will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. Any public offering of the Bonds to be made will be made by means of an offering document. Such offering document will contain detailed information about the Bank and its subsidiary and their management and financial statements. No money, securities or other consideration is being solicited by this communication or the information contained herein and, if sent in response to this communication or the information contained herein, will not be accepted. A rating is not a recommendation to buy, sell or hold the securities and may be subject to suspension, reduction or withdrawal at any time by the rating agency. Any disclaimer or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.

SFA Product Classification - the Bank has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Bonds are "prescribed capital markets products" (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and "Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).