Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CCB Completes Issuance of RMB45B Tier-2 Capital Bonds
Recommend 10 Positive 13 Negative 5 |
||||
|
||||
|
CCB (00939.HK) completed the issuance of the 2025 Tier-2 Capital Bonds (Second Tranche) (Bond Connect), with a total issuance size of RMB45 billion, according to CCB's announcement. The bonds consist of two types: the first type of the bonds is fixed rate bonds with a term of 10 years, coupon rate of 1.94% and an issuance size of RMB40 billion, and the issuer shall have a conditional redemption right at the end of the fifth year; the second type of the bonds is fixed rate bonds with a term of 15 years, coupon rate of 2.13% and an issuance size of RMB5 billion, and the issuer shall have a conditional redemption right at the end of the tenth year. The funds raised from the issuance of the bonds will be used to replenish CCB's tier-2 capital in accordance with the applicable laws and the approvals from the regulatory authorities. AAStocks Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
