ICBC to issue US$5.7 billion of preferred shares in three currencies

Industrial and Commercial Bank of China will issue US$5.7 billion worth of preferred shares in three currencies in what will be the largest offshore issuance of hybrid securities from a mainland firm.

via South China Morning Post - Business feed http://www.scmp.com/business/banking-finance/article/1655293/icbc-issue-us57-billion-preferred-shares-three-currencies