International law firm Freshfields Bruckhaus Deringer has advised China CITIC Bank Corporation Limited (CITIC) on its RMB1,500,000,000 (US$245m) inaugural offshore bond issue.
The 4.125% bonds will reach maturity in 2017.
CITIC, one of China’s largest state-owned banks, will use the bond for general corporate purposes.
The Freshfields team was led by Hong Kong finance partner Andrew Heathcote, Beijing corporate partner Richard Wang and Hong Kong finance counsel Bing Guan.
