China Readies First Perpetual Bond Issue by Bank, but Demand Could Be Weak

By REUTERS
NYT
China took a big step last week on the long road toward recapitalisation of banks hobbled by stale loans, giving a first ever approval for a perpetual bond issue by a lender, but going by initial feedback "perps" could be difficult to sell.
Published date: January 21, 2019 at 11:30AM
Reuters
New York Times article