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Prospect News home > News index > List of issuers P > Headlines for People’s Insurance Co. (Group) of China Ltd. > News item
Published on 12/10/2013 in the Prospect News Emerging Markets Daily.

China's PICC gets go-ahead to issue up to RMB 6 billion 10-year debt

By Marisa Wong

Madison, Wis., Dec. 10 - People's Insurance Co. (Group) of China Ltd. said it recently received approval from the China Insurance Regulatory Commission to issue up to RMB 6 billion of 10-year subordinated term debt.

The Beijing-based insurance company said it has six months to complete the issuance and will make further announcements.


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