FilingReader Intelligence
ICBC completes 50bn yuan tier 2 capital bond issuance
July 14, 2025 at 10:30 AM UTC•By FilingReader AI
Industrial and Commercial Bank of China has completed a 50 billion yuan tier 2 capital notes issuance. The 10-year fixed-rate notes carry a 1.88% interest rate, with a conditional redemption option after five years.
The proceeds will strengthen the bank's tier 2 capital base in compliance with regulatory requirements.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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