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Minsheng To Sell $4.5B In Bonds, Shares
China Minsheng Banking Corp. will raise up to $4.5 billion through a sale of convertible bonds in Shanghai and new shares in Hong Kong.
China Minsheng Banking Corp.will raise up to $4.5 billion through a sale of convertible bonds in Shanghai and new shares in Hong Kong,Reuters报告。这个问题将有助于提高公司的capital adequacy ratio.
The approval from theChina Banking Regulatory Commissioncomes after shareholders approved the issue of up to 1.6 billion new Hong Kong-listed shares and $3.1 billion in A-share convertible bonds in May. If the lender chooses to issue the maximum number of shares, it will raise up to $1.4 billion in Hong Kong.
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