China Largest Bank ICBC Plans to Issue $4.1 Billion to $5.5 Billion of Total Loss-Absorbing Bond with 3-Year & 5-Year Call Option by Issuer, Total Loss-Absorbing Bond Will be Triggered after Tier 2 & Additional Tier 1 Debts
11th April 2024 | Hong Kong
China largest bank ICBC (Industrial & Commercial Bank of China) is planning to issue $4.1 billion to $5.5 billion (CNY 30 billion to 40 billion) of Total Loss-Absorbing Bond (TLAB) with 3-year & 5-year call option by issuer. The Total Loss-Absorbing Bond will be triggered after Tier 2 & Additional Tier 1 debts.
“ China Largest Bank ICBC Plans to Issue $4.1 Billion to $5.5 Billion of Total Loss-Absorbing Bond with 3-Year & 5-Year Call Option by Issuer, Total Loss-Absorbing Bond Will be Triggered after Tier 2 & Additional Tier 1 Debts “
China Largest Bank ICBC Plans to Issue $4.1 Billion to $5.5 Billion of Total Loss-Absorbing Bond with 3-Year & 5-Year Call Option by Issuer, Total Loss-Absorbing Bond Will be Triggered after Tier 2 & Additional Tier 1 Debts
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