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BRIEF-People's Insurance Group of China unit issues capital supplementary bonds
September 13, 2017 / 9:46 AM / 10 days ago

BRIEF-People's Insurance Group of China unit issues capital supplementary bonds

Sept 13 (Reuters) - People’s Insurance Group Of China Co Ltd :

* Unit issued capital supplementary bonds publicly on national inter-bank bond market on 12 Sept

* Principal of bonds issued is RMB3.5 billion

* Proceeds raised by issuance of bonds will be used to supplement PICC Health's capital and improve its solvency​ Source text: bit.ly/2wp2Anz Further company coverage:

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