Chicago, Nov. 22 – Bank of China Ltd. sold RMB 30 billion of 4.01% 10-year tier-2 capital bonds, according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
The notes are being issued as part of the qualified write-down tier-2 capital instruments of not more than RMB 70 billion.
The bonds are callable in the fifth year.
The lender is based in Beijing.
| Issuer: | Bank of China Ltd.
|
| Issue: | Tier-2 capital bonds
|
| Amount: | RMB 30 billion
|
| Maturity: | Ten years
|
| Coupon: | 4.01%
|
| Call option: | Year five
|
| Announcement date: | Nov. 20
|
| Listing date: | Nov. 22
|
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