Nanyang lands tier two bond despite turmoil

Addison Gong,

Morgan Davis

November 14, 2019 10:15 AM

Hong Kong island adobe stock 230x150

Investors looked beyond Nanyang Commercial Bank's Hong Kong home to its Chinese parent this week, allowing the borrower to close a $700m Basel III-compliant tier two subordinated deal, despite the protests happening in the city.

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Topics

China Hong Kong SAR ICBC Asia Greater China Bank Capital Bank of Communications Senior Debt Bank of China Northeast Asia Asia Pacific Regulatory Capital FIG Bank of America Mizuho BNP Paribas Emerging Markets HSBC Goldman Sachs

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Addison Gong

SSA editor GlobalCapital

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Morgan Davis

Deputy editor GlobalCapital Asia