Postal Savings smashes records with $7.25bn AT1

Addison Gong

September 22, 2017 10:45 am

Smash record_Fotolia230px — Young employee smashing a wall with a hammer | konradbak - stock.adobe.com

Postal Savings Bank of China Co’s $7.25bn Basel III additional tier one bond from Thursday was one for the books, breaking numerous records with its size and price, while navigating around a downgrade of the sovereign.

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Topics

JP Morgan UBS China Bank of America China International Capital Corp ICBC Bank Capital Asia Greater China Haitong Securities Morgan Stanley Northeast Asia Asia Pacific Emerging Markets HSBC FIG DBS Goldman Sachs

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Addison Gong

SSA editor GlobalCapital