Linklaters and Allen & Overy are advising on Industrial and Commercial Bank of China Ltd.’s $5.62 billion multi-currency preference share sale.
China’s largest commercial bank sold one $2.94 billion tranche in dollar-denominated notes, one $742 million (€600 million) tranche in euro-denominated bonds and one $1.95 billion (Rmb12 billion) tranche in yuan-denominated preference shares.
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