Brief: Picc Property And Casualty Says Proposed Issue Of Capital Supplementary Bonds
24/03/2023 11:56
March 24 (Reuters) - PICC Property and Casualty
2328.HK :
* PROPOSED ISSUE OF CAPITAL SUPPLEMENTARY BONDS
* HAS APPROVED ISSUE OF A 10-YEAR CAPITAL SUPPLEMENTARY
BONDS IN
AN AGGREGATE AMOUNT OF NO MORE THAN RMB12 BILLION
* PROCEEDS FROM CAPITAL SUPPLEMENTARY BONDS WILL BE USED FOR
SUPPLEMENTING CAPITAL AND RAISING SOLVENCY MARGIN
Further company coverage: 2328.HK
((Reuters.Briefs@thomsonreuters.com;))
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