Bumiputra-Commerce mandates dollar sub debt

Malaysia''s second largest banking group lays plans for a $200 million lower tier 2 issue.

Morgan Stanley has won the ratings advisory mandate for Bumiputra-Commerce Bank (BCB) and is also expected to win books for the bank's forthcoming 10 non-call five sub debt issue alongside Commerce International Merchant Bank (CIMB), the investment banking arm of BCB's parent Commerce Asset Holdings.

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