The Dubai International Financial Centre branch of Industrial And Commercial Bank Of China Limited (ICBC) is preparing to issue two series of notes maturing in 2029 under its $20 billion global medium-term note program.

The issuance consists of CNY 2.8 billion in fixed-rate notes with a coupon of 1.64%, and USD 300 million in floating-rate notes. A large syndicate of joint global coordinators, underwriters, and bookrunners has been assembled, including numerous domestic and international financial institutions such as ICBC Asia, ABC International, CSC Financial International, HSBC, Mizuho, Bank of China, CCB Asia, CICC, and CMB Wing Lung.

The two note series have applied for listing and trading targeted at professional investors on the Hong Kong Stock Exchange, with the listing approval expected to take effect on June 22, 2026. Concurrently, the notes are also planned for admission to trading on the London Stock Exchange's International Securities Market and Nasdaq Dubai, with the relevant trading permissions anticipated to become effective from June 19. Investors can check the listing details on the respective websites of the London Stock Exchange and Nasdaq Dubai.