12 April 2012
BBAC (Bank of Beirut and the Arab Countries s.a.l.) announced the successful completion and closing of an offering of 80 million USD, distributed over 8 million 7.0% Non-Cumulative Perpetual Redeemable Preferred Shares Series "B" (Tier 1). The issue price was fixed at 10 USD per share. The share issuing has helped the bank raise its capital to 157 billion LBP.
BBAC (Bank of Beirut and the Arab Countries s.a.l.) announced the successful completion and closing of an offering of 80 million USD, distributed over 8 million 7.0% Non-Cumulative Perpetual Redeemable Preferred Shares Series "B" (Tier 1). The issue price was fixed at 10 USD per share. The share issuing has helped the bank raise its capital to 157 billion LBP.
© Press Release 2012
