Bank of East Asia sets price guidance -source
HONG KONG |
HONG KONG Oct 29 (Reuters) - Bank of East Asia (0023.HK) has set a price guidance of 8.5-8.75 percent for its $500 million hybrid tier I bond sale, a source close to the deal said on Thursday.
The transaction could be priced during London trading hours on Thursday and is being arranged by Deutsche Bank (DBKGn.DE) and UBS (UBSN.VX).
The perpetual bonds are not callable for 10 years. (Reporting by Umesh Desai; Editing by Jonathan Hopfner)
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