By Frances Yoon
HONG KONG, May 7 (IFR) - China Merchants Bank's New York branch has announced price guidance on an offering of 144A/Reg S US dollar senior bonds to yield around 170bp over US Treasuries.
The three-year bond is expected to be rated Baa1/BBB+ (Moody's/S&P), on par with the issuer.
Bank of America Merrill Lynch, Citigroup, CMB International, HSBC and UBS are the joint global co-ordinators, as well as bookrunners with ANZ and Wing Lung Bank.
(Reporting By Frances Yoon, editing by Dharsan Singh and Daniel Stanton)