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Prospect News home > News index > List of issuers B > Headlines for Bank of Communications Co. Ltd. > News item
Published on 4/29/2020 in the Prospect News Emerging Markets Daily.

Bank of Communications to sell RMB 40 billion more tier 2 bonds

By Rebecca Melvin

New York, April 29 – Bank of Communications Co., Ltd. plans to sell RMB 40 billion more tier 2 capital bonds, according to an announcement.

The issue follows sale of RMB 40 billion of tier 2 bonds in August pursuant to a Jan. 4, 2019 proposal to issue up to RMB 80 billion of tier 2 capital bonds.

Bank of Communications is based in Shanghai.


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