ICBC prices historic $5.7bn AT1 at 6%
Asia is set for a hectic end to the year with Industrial and Commercial Bank of China (ICBC) set to complete its $5.7bn additional tier one (AT1) deal on December 3. While the deal is split into three currencies, dollar, euros, and offshore renminbi, pricing for all the portions will be the same, coming in at 6%.
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