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Bank of China back for triple tranche tier two
After soaking up $6.5bn of liquidity with its recent Basel III compliant additional tier one (AT1), Bank of China is giving investors no let-up and has announced a roadshow for a triple tranche tier two offering.
It will meet investors in the US and Asia, but not Europe, for the 144A/Reg S transaction. It is looking at a triple tranche dollar and euro transaction, according to the offering circular, although this is still subject to investor feedback, said a banker on the ...
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