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Prospect News home > News index > List of issuers I > Headlines for International Exchange Bank > News item
Published on 2/21/2006 in the Prospect News Emerging Markets Daily.

Philippine's International Exchange Bank to issue 2 billion to 2.5 billion pesos of tier 2 capital

By Reshmi Basu

New York, Feb. 21 - Manila-based International Exchange Bank said it plans to issue 2 billion to 2.5 billion Philippine pesos of unsecured subordinated debt to strengthen the bank's capital base.

Deutsche Bank will manage the offering of lower tier 2 capital, according to a letter filed with the Philippine Stock Exchange.


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