Bank of East Asia (00023.HK) plans to issue 6NC5 USD non-priority loss-absorbing notes with an initial price guidance of T+175bps area.

The Bank of East Asia, Limited (stock code 00023.HK, Moody's: A3 Stable, Standard & Poor's: A- Stable) intends to issue Reg S, 6NC5, USD-denominated non-preferred loss-absorbing notes.