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BRIEF-Postal Savings Bank of China to issue not more than 500 mln offshore preference shares
March 24, 2017 / 2:06 PM / 9 months ago

BRIEF-Postal Savings Bank of China to issue not more than 500 mln offshore preference shares

March 24 (Reuters) - Postal Savings Bank Of China Co Ltd :

* Bank shall conduct a non-public issuance of not more than 500 million offshore preference shares

* Bank to raise total proceeds not exceeding rmb50 billion to replenish bank’s additional tier 1 capital Source text for Eikon: Further company coverage:

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