June 28.1993-Bank of China to return to the European market
On May ninth day (癸酉 years), June 28, 1993, the Bank of China to return to the European market.
1993 6, 28, deputy governor of Bank of China, Yang Hui seeking relevant international syndicated in London signed the agreement of the Bank of China two hundred million U.S. dollars Eurobond issue in London market. The five-year term of the bonds, which is the Bank of China to return to the European market for the first time since 1988 to raise long-term finance. The underwriting syndicate
Bank of China's bond issuance by 32 internationally renowned big banks and securities firms issue world-renowned Credit Suisse - First Boston Securities Company and Warburg Bank as the main Director General.
According to reports: the remarkable achievements of China's reform and opening up in recent years, and the Bank of China, strong financial strength, prudent management style and a good reputation, is an important condition of this bond issuance success. Said to be from the Bank of China since the recent return to the London market, many foreign financial institutions have expressed the wish to participate in the Bank of China bonds underwritten.
The issue bonds, the market response has been very positive, very successful issue results, about 65% of the bonds have been sold into the hands of investors in Europe. The bonds issued by the Bank of China will soon be listed on the London Stock Exchange.
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