RCBC selling $200M worth of hybrid notes
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RCBC selling $200M worth of hybrid notes

Basel : Switzerland | Sep 27, 2012 at 4:34 AM PDT
Source: Inquirer.net
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Basel 3 framework with a $200-million offering of hybrid notes qualifying as tier 1, or core capital...Of the proposed $200-million fund-raising, $130 million will be handled by Morgan Stanley and $70 million by Credit Suisse. Hybrid notes are considered equity from the point of view of the issuer... FULL ARTICLE AT Inquirer.net
 
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