By Marisa Wong
Morgantown, W.Va., Nov. 8 – Industrial and Commercial Bank of China Ltd. issued RMB 44 billion of 4.45% tier 2 capital bonds, according to a notice.
The 10-year fixed-rate bonds are callable after five years.
Pricing details were not disclosed.
The bank is based in Beijing.
| Issuer: | Industrial and Commercial Bank of China Ltd.
|
| Issue: | Tier 2 capital bonds
|
| Amount: | RMB 44 billion
|
| Maturity: | 10 years
|
| Coupon: | 4.45%
|
| Call option: | After five years
|
| Announcement date: | Nov. 8
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
