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manilatimes - 9 days ago

China Bank raises P20B from bond issuance

Listed China Banking Corp. (China Bank) has generated P20 billion in fresh funds from its three-year fixed-rate bond offering. In a statement on Thursday, the Sy-led lender said the proceeds were four times the original offer of P5 billion and credited these to “overwhelming demand from individual and institutional investors.” The bonds, which were the [ ]


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