Bank of East Asia seals $650m AT1 issue

BEA tier-1 capital bond saves bank from a deteriorating capital base built on outdated standards.

Bank of East Asia raised a $650 million perpetual, non-call 5-year AT1 bond on Wednesday, priced at 5.5%, with Citi and UBS acting as joint bookrunners on the deal.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media