Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 04-01-2016 | Practice Area: | Equity Capital Markets |
| Deal Title: | China Construction Bank Corporation Issuance of Preference Shares | Industry: | Banks |
| Description: |
Clifford Chance advised China Construction Bank Corporation on its USD3.05 billion, 4.65% non-cumulative perpetual offshore preference shares. China Construction Bank intended to use the proceeds to replenish its Tier 1 capital ratio, in compliance with the China Banking Regulatory Commission's requirements that systemically-important lenders must increase the Basel III capital adequacy ratio to 9.5% by 2018.
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| Financial Center: | Hong Kong | Value: | 1000.01-5000.00 |
| Advised Party: | Issuer | Law Firm | Clifford Chance |
| Issuer Jurisdiction - | China | Listing Jurisdiction - | China |
| Classification: |
Secondary Offerings and Placings |
Lawyer | Angela Chan |
