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Bank of China (HK) talks dollar-denominated 10-year notes at 200 bps area, to yield about 5.6%
By Paul A. Harris
St. Louis, Feb. 3 - Bank of China (Hong Kong) Ltd. talked its benchmark-sized offering of dollar-denominated 10-year lower tier 2 fixed-rate notes (expected ratings A1/BBB+/A-) at a 200 basis point spread to Treasuries, to yield about 5.6%, a market source told Prospect News on Wednesday.
UBS, Bank of China and Deutsche Bank are bookrunners for the Rule 144A and Regulation S offering.
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