October 19, 2017 / 11:30 PM / 2 months ago

BRIEF-China Merchants Bank announces issue of offshore preference shares​

Oct 20 (Reuters) - China Merchants Bank Co Ltd:

* Announces ‍proposed issue of u.s.$1 billion 4.40% non-cumulative perpetual offshore preference shares​

* Expects ‍net proceeds from offshore preference shares issuance to be about RMB6,578.2 million​ Source text for Eikon: Further company coverage:

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