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The Luxembourg Stock Exchange today marked China Merchants Bank’s first bond listing in Luxembourg since 1997. The €300 million bond is the Chinese bank’s first-ever listed Euro-denominated bond. The Ring the Bell ceremony took place at the Luxembourg Stock Exchange in the presence of H.E. Mr Huang Changqing, the Chinese Ambassador to Luxembourg, on 20 June.
“We welcome this new listing by China Merchants Bank. It is an excellent illustration of the increased scope of cooperation and activity between Chinese banks and European capital markets, and we are proud to be part of this new chapter,” commented Robert Scharfe, CEO of the Luxembourg Stock Exchange. The 3-year fixed-rate bond is issued under China Merchants Bank’s US$5 billion Medium Term Note Programme, and was...
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