lower tier 2

BEA and ICBC Asia price subordinated bonds

Bank of East Asia prints a $500 million bond after releasing "final guidance" twice, while ICBC Asia prices a Rmb1.5 billion bond in the first dim sum sub-debt issue.

October 30, 2011

Two lower tier-2 issues get away despite volatile markets

Fubon Bank (Hong Kong) and ICBC (Asia) raise a combined $700 million, while Vinacomin pulls its $500 million offering.

November 23, 2010

OCBC raises $500 million in lower tier-2 capital from callable deal

OCBC, Singapore's third biggest lender, finds solid European demand for an issue of callable lower tier-2 subordinated bonds with a step-up coupon.

November 11, 2009

Woori prices Korea's largest ever bank capital offering

Preparing itself for the Basel 2 accords implementation, Woori prices a benchmark lower-tier 2 deal well inside of indicative guidance.

April 27, 2006