BEA gamble pays off on sterling UT2
Bank of East Asia, Hong Kong's fifth largest lender, priced its long-awaited debut sterling bond on Tuesday at a tighter level than many had predicted, confounding critics who had questioned the bank's strategy in opting for an unusually structured sterling deal.
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