Bank of Zhengzhou (HKG:6196, SHE:002936) raised 6 billion yuan through the issuance of 10-year Tier-Two Capital Bonds in China's interbank bond market, with a 1.97% coupon rate.
Proceeds will be used to supplement Tier-2 capital, the bank said in a Friday Hong Kong bourse filing.
Shenzhen shares of the lender were down nearly 2% in early afternoon trade Friday.
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