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ANZ to sell first Basel III foreign bank dim sum 

January 15, 2015

Jing Song, Finance Asia 

Australia and New Zealand Banking Group is poised to become the first foreign bank to issue Basel III-compliant bonds denominated in offshore renminbi.

ANZ, Australia’s third-largest bank by market value, will meet investors in Hong Kong on Monday and in Singapore on Tuesday to market the issue.

ANZ and HSBC are joint global coordinators for the deal with CCB International, ICBC and Standard Chartered acting as joint book runners.

Read More: Finance Asia 

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