Canadian Imperial Bank of Commerce:Says an inaugural Basel III-compliant offering of $1 bln of 3.00 pct Debentures due Oct. 28, 2024 (subordinated indebtedness).Says Debentures will be issued in Canada and sold through a dealer syndicate led by CIBC World Markets Inc.Says Debentures bear interest at...
Customers Bancorp Inc:Says it is confident about meeting or exceeding the earnings guidance provided for FY 2014 and FY 2015.Previously the company expected FY 2014 EPS guidance to be in the range of $1.49-$1.53 and FY 2015 EPS guidance in the range of $1.75-$1.80.
Chang Hwa Commercial Bank Ltd:To issue the main band unsecured financial bonds for 2014, worth $1 billion.Par value and issue price not decided.Maturity period of 20 years for the bonds.Proceeds to be used for long-term sources of funds of dollar.Underwriter not decided.
Industrial Bank Co Ltd:Received approval to set up a consumer finance joint venture in Quanzhou, Fujian, with Xtep (China) Company Limited and other three companies.To invest 198 mln yuan to hold 66 pct stake in joint venture.
Restructuring & Reorganization
Expansion & New Markets
No related earnings announcements are currently scheduled within the next 7 days.