Bank of East Asia Ltd (BEA) 2022-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.00010Apr-32-Baa2BBB--FixedTsyT+260 aT+2302304.88%-99.84600
Tranche Comments
10 yr: Book size: 2500; Redemption: 2027-04-22; Registration: Reg S Only; Comments: USD500m 10NC5 Tier 2 RegS. Baa2/BBB-. BEA/Citi(B&D)/GS/HSBC/StCh/ABCI/BoC/BOCOMI/BofA/CCBI/CNCBI/Everbright Bk/CMBCHK/CA-CIB/DB/Guotai Junan/Haitong Intl/ICBCI/Industrial/MS/SMBC Nikko. IPG T+260 area, FPG +230, launched 500m. Books last 2.5bn+ (560m JLM). +230 bps vs T 2 ½ 03/31/27 (HR: 95%) at 99-15¾ / 2.610%. Distribution Stats: Asia 94%, EMEA 4%, Offshore US 2%. AM/FM 59%, Banks 15%, PB 14%, CB/Ins/PF 12%. LEI: CO6GC26LCGGRTUESIP55;
Deal Comments
Tier 2
Use of Proceeds
General Corporate Purposes