Fubon and ICBC time LT2 deals perfecly: tap market between Ireland hopes, Korea woes
Fubon Bank and Industrial and Commercial Bank of China’s Hong Kong subsidiary tapped a narrow window of opportunity at the start of the week. The two banks sold lower tier two bonds in a brief period when the market was still bullish following positive news about Ireland over the weekend, perfectly timing a market that quickly froze shortly after their deals were priced.
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