Thursday, June 7, 2007

Bank of East Asia Hires JPMorgan to Sell 10-Year Denominated Dollar Bonds

(Bloomberg) -- Bank of East Asia Ltd., Hong Kong's
third-biggest publicly traded bank, hired JPMorgan Chase & Co. to
sell 10-year dollar-denominated bonds to boost its capital,
according to an e-mail sent to investors.

The Hong Kong-listed bank will meet investors in Singapore
and Hong Kong next week to market the securities, whose coupon
will increase from the end of the fifth year, the e-mail said.


Read more at Bloomberg Bonds News

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