BRIEF-Bank Of China Says Redemption Of Write-Down Undated Capital Bonds

Reuters01-30

Jan 30 (Reuters) - Bank of China :

* REDEMPTION OF WRITE-DOWN UNDATED CAPITAL BONDS

* ON 25 JAN 2019, BANK ISSUED WRITE-DOWN UNDATED CAPITAL BONDS OF RMB40 BILLION

* BANK EXERCISED REDEMPTION OPTION AND REDEEMED BONDS IN FULL AMOUNT

* AS AT JAN 30, BANK HAS RECEIVED APPROVAL FROM NATIONAL FINANCIAL REGULATORY ADMINISTRATION FOR WRITE DOWN

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment