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Bankia, the Spanish lender, reopened the additional tier one market for Southern European names this week, but not every trade out of the region may enjoy such a warm reception. -
Asia’s Basel III compliant additional tier one market is set for a turnaround after a quiet year, following Bank of China (Hong Kong)’s $3bn issuance this week. As the pipeline builds up, bankers are predicting a pick-up in deal flow as early as next month, writes Addison Gong.
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Bank of China (Hong Kong) has raised $3bn from a Basel III compliant additional tier one transaction, drawing attention for both its size and price.
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Bankia, the Spanish lender, reopened the additional tier one market for Southern European names this week, but not every trade out of the region may enjoy such a warm reception.
