Published on 3/22/2021 in the Prospect News Emerging Markets Daily.
New Issue: Bank of Qingdao prices RMB 4 billion 10-year fixed-rate capital bonds
By Wendy Van Sickle
Columbus, Ohio, March 22 – Bank of Qingdao Co., Ltd. priced a RMB 4 billion of 10-year fixed-rate tier 2 capital bonds, according to an announcement.
The issuer will have a redemption right at the end of the fifth year.
The bank is based in Qingdao, China.
| Issuer: | Bank of Qingdao Co., Ltd.
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| Issue: | Fixed-rate tier 2 capital bonds
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| Amount: | RMB 4 billion
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| Tenor: | 10 years
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| Call option: | At end of fifth year
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| Issue date: | March 22
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