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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 5/11/2018 in the Prospect News Emerging Markets Daily.

China’s PICC Life Insurance plans up to RMB 12 billion 10-year bonds

By Marisa Wong

Morgantown, W.Va., May 11 – People’s Insurance Co. (Group) of China Ltd. (PICC) said its subsidiary, PICC Life Insurance Co. Ltd., plans to issue up to RMB 12 billion of 10-year capital supplementary bonds.

PICC Life Insurance has obtained regulatory approval for the proposed issuance, according to a company announcement.

The insurance company is based in Beijing.


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