Bank of Qingdao hits targets on $1.2bn AT1

Addison Gong

September 13, 2017 11:30 am

dollars FA 230 — US Dollars Banknotes Macro Closeup Photo. Yellow-Blue Color Grading. | Tomasz Zajda - Fotolia

Ample demand allowed Bank of Qingdao to price its inaugural additional tier one dollar bond tightly on Tuesday. The deal stood out because of the bigger participation from non-Chinese investors — something that bodes well for the hefty AT1 pipeline.

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CITIC Securities Deutsche Bank China Merchants Securities Co China China Construction Bank Bank Capital Asia Greater China Haitong Securities Northeast Asia Asia Pacific Emerging Markets FIG

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Addison Gong

SSA editor GlobalCapital