Frankfurt/Main, July 7, 2025
Bankhaus Scheich has recently listed two unique bonds on the Frankfurt Stock Exchange. One of these being a subordinated Tier 1- debt instrument of CACEIS Bank S.A.U., Madrid, providing the European leader in custody & depository services with additional core capital. The bond in the volume of EUR 58mln has been structured as a floating rate note, ranking junior to all other outstanding senior debt issues and has no fixed (perpetual).
Moreover, Bankhaus Scheich acts as specialist for the most recent convertible issue of China’s insurance giant Ping An Insurance (Group) Co. of China, which was placed in the South East Asian Capital Markets in mid-June in the amount of HKD 11,765,000,000, with a 5 year term. The bond issue that was lead managed by Morgan Stanley, can be converted in H-shares of the Issuer and was very warmly received by institutional investors, predominantly out of Hong Kong and Singapore.