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China Life mandates banks for up to $2 billion bond offering

China Life Insurance (Overseas) Hong Kong has mandated banks for its 10-year subordinated bond offering, according to a preliminary term sheet seen by Reuters on Monday. The Hong Kong arm of China's second-biggest insurer by assets is looking to raise between $1 billion and $2 billion, people with direct knowledge of the matter have previously said. China Life did not respond to an email from Reuters seeking comment on the deal.
Hong Kong New South Wales Edwina Gibbs Georgina Lee Scott Murdoch Life Insurance
Source: yahoo.com

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