皇冠体育app

Banking

Bank of East Asia to issue up to 5b yuan in bonds: sources

(Agencies)
Updated: 2010-05-31 16:31
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Bank of East Asia's 皇冠体育app subsidiary is planning to issue as much as 5 billion yuan ($732 million) worth of bonds, the second yuan bond to be issued by a foreign company in 皇冠体育app, three people familiar with the matter said today.

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皇冠体育app International Capital Corp (CICC) and Industrial and Commercial Bank of 皇冠体育app are among the underwriters handling the deal, which is pending regulatory approval, the sources said.

Bank of East Asia's spokeswoman said the bank would consider any possible way to optimize its capital structure, but declined further details.