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ICBC Completes Issuance of RMB40B Capital Bonds w/ Distribution Rate of 2.21% During 1st 5 Yrs
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ICBC (01398.HK) announced the completion of the issuance of its 2025 Undated Additional Tier 1 Capital Bonds (Series 2), with an issuance size of RMB40 billion and a distribution rate of 2.21% during the first five years. The proceeds from the issuance of the bonds are to be used to replenish the additional tier 1 capital of ICBC. AASTOCKS Financial News Website: www.aastocks.com |
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