Agricultural Bank of China (SHA:601288, HKG:1288) raised 50 billion yuan via the issue of 10-year fixed-rate bonds carrying a coupon of 1.87%.
Proceeds will bolster the lender's capital, according to a weekend filing with the Shanghai bourse.
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F-Secure Lands New EUR147 Million Facilities
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Greece's Piraeus Bank Prices EUR500 Million Senior Preferred Bond Issuance
Piraeus Bank (TPEIR.AT) priced its issuance of a new 500 million-euro senior preferred bond, according to a Friday release.The six-year bond, which will be listed on the Luxembourg Stock Exchange's Euro MTF market, has an annual fixed coupon of 4%, with an issuer call option after five years. Settlement is set for Sept. 3.The Greek bank will use net proceeds for general corporate and financing needs, as well as to ensure ongoing compliance with the Minimum Requirement for Own Funds and Eligible Liabilities, or MREL.
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