Brief: China Taiping Insurance Says Proposed Issuance Of Undated Capital Bonds By TPL

China Taiping Insurance Holdings

08/12/2023 10:14

Dec 8 (Reuters) - China Taiping Insurance  0966.HK :
    * PROPOSED ISSUANCE OF UNDATED CAPITAL BONDS BY TPL
    * BOND SIZE NOT EXCEEDING RMB20 BILLION
    * PUBLICLY ISSUE BOND IN NATIONAL INTER-BANK BOND MARKET,
WITH
SIZE NOT EXCEEDING RMB20 BILLION
    * RECENTLY RECEIVED APPROVALS FROM RELEVANT REGULATORY
AUTHORITIES
TO PUBLICLY ISSUE BOND IN NATIONAL INTER-BANK BOND MARKET
    * FUNDS RAISED BY ISSUANCE OF BOND WILL BE USED TO REPLENISH
TIER
2 CAPITAL OF TPL

Further company coverage:  0966.HK 

 ((Reuters.Briefs@thomsonreuters.com;))