BEA reopens bank capital market for Asia

Alice Huang

May 22, 2020 10:30 AM

BEA_Adobe_22May

Bank of East Asia (BEA) sold the first Basel III compliant tier two dollar bond in Asia since the global outbreak of Covid-19. It raised $600m on the back of a book that was more than 8.5 times oversubscribed at its peak.

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Topics

Hong Kong SAR Asia Greater China Bank Capital Standard Chartered Northeast Asia Shanghai Pudong Development Bank Asia Pacific Wells Fargo Securities Crédit Agricole Emerging Markets Regulatory Capital FIG Goldman Sachs

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Alice Huang