29 August 2014
CITIC Bank successfully completed its RMB 37 bn Tier-2 capital notes issuance
China CITIC Bank Co., Ltd. (“CITIC Bank”) successfully completed its 2014 RMB 37 bn Tier-2 capital notes issuance (“the issuance”) on Aug. 22, 2014. The issuance has an offer size of RMB 37 bn with a tenor of 5+5 years (10 years with a conditional call option by the 5th year end) and a coupon rate of 6.13% per annum. CICC acted as Joint Underwriter.