Announcement regarding issuance of subordinated notes
Announcement regarding issuance of subordinated notes
Our Bank has mandated BBVA, BofA Securities, ING, Mashreq, Morgan Stanley and Standard Chartered Bank for an issuance of U.S. dollar-denominated subordinated notes (Basel III compliant) to be sold to real persons and legal entities resident abroad. The fixed rate notes with nominal amount of USD 500 million, 10NC5 maturity, redemption date of 28 Feb 2034 and the coupon rate of 8,375%.