CITIC Securities International MTN program update and $600 million drawdown
The floating-rate notes are due 2028
Davis Polk advised the arranger in connection with the update of the $5 billion guaranteed medium term note program of CSI MTN Limited guaranteed by CITIC Securities International Company Limited.
Davis Polk also advised the joint lead managers in connection with a drawdown under the $5 billion guaranteed medium term note program, consisting of a Regulation S offering by CSI MTN Limited of $600 million aggregate principal amount of floating-rate notes due 2028, guaranteed by CITIC Securities International Company Limited.
Headquartered in Hong Kong, CITIC Securities International Company Limited provides comprehensive financial services to institutional and corporate customers, retail and high-net-worth individuals. Its services include corporate finance and capital markets, securities brokerage, fixed income, currencies and commodities, equity derivatives, prime brokerage and asset management.
The Davis Polk corporate team included partner James C. Lin, counsel Bingqing Pan and registered foreign lawyer Anlei Zuo. All members of the Davis Polk team are based in the Hong Kong office.