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China Merchants Bank attracts three times oversubscription

20 Oct 2017
China Merchants Bank (CMB, Baa1/BBB+/BBB) sold a USD1bn perpetual AT1 deal on Thursday (19 October), after pricing a 4-year FRN in June, to take total issuance for 2017 to USD1.8bn. The deal was well received with the final

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