Citic pays up for lower tier two comeback
Hong Kong'S Citic Bank International raised $300m from a lower tier two bond last week, becoming the third Asian bank to issue old-style subordinated debt this month as the region’s lenders try to beat impending Basel III rules.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts