Citic Bank chases first dollar Basel III tier one

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By Isabella Zhong
03 Apr 2014

China Citic Bank International is hoping to be first out of the blocks with Asia’s first US dollar denominated Basel III-compliant tier one notes, as it prepares to meet investors.

The bank has mandated Citi, HSBC and RBS as joint global co-ordinators to arrange investor meetings for the perpetual bond offering in Asia and Europe next week. The meetings will take place in Singapore on Monday, Hong Kong on Tuesday and London on Wednesday.

“Markets are strong right ...

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