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CMBC (01988.HK) Completes Issuance of RMB30B Tier-2 Capital Bonds with 2.13% Coupon
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China Minsheng Banking Corp., Ltd. (01988.HK) announced that it has successfully issued the "China Minsheng Banking Corp., Ltd. 2026 Tier-2 Capital Bonds (First Tranche)" in the national interbank bond market, with an issuance size of RMB30 billion. The bonds are 10-year fixed-rate bonds with a conditional issuer call option at the end of the fifth year, carrying a coupon rate of 2.13%. The proceeds from the bond issuance will be used, in accordance with applicable laws and regulatory approvals, to replenish the bank's Tier-2 capital and enhance its capital adequacy ratio. (sl/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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