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BOC issued convertible bonds approved by SFC

Source: Internet
Author: User
Keywords BOC convertible bonds
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Yesterday, Bank of China issued a bond application was approved. According to the previous announcement, the company intends to issue the total amount of convertible bonds no more than 40 billion yuan, the period of issuance of 6 years, par interest rate of not more than 3%. This issue of the convertible bonds to not less than 50% of the proportion of the shareholders in addition to the holding shareholders of the original a-share priority placement.

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