MT Newswires Live10-15
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) completed the issuance of 60 billion yuan in Tier 2 capital notes in China's interbank bond market.
The issuance comprises two tranches of 30 billion yuan each, with 10-year notes carrying a 1.76% interest rate and 15-year notes carrying a 1.95% rate, according to a Thursday Hong Kong bourse filing.
Net proceeds will be used to supplement the bank's Tier 2 capital.
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