Industrial and Commercial Bank of China (01398) completes the issuance of 2025 non-capital loss-absorbing bond (first tranche) (bond connect)
Industrial and Commercial Bank of China (01398) announces that, with the approval of the relevant regulatory authorities, Industrial and Commercial Bank of China Limited...
Industrial and Commercial Bank of China (01398) announced that, with the approval of the relevant regulatory authorities, the China Industrial and Commercial Bank of China Co., Ltd.'s 2025 Non-Capital Bonds (First Tranche) (Bond Connect) has been fully issued in the national interbank bond market recently.
The issuance size of the bonds is RMB 10 billion, with a maturity of 4 years and a fixed interest rate. The issuer has the conditional redemption right at the end of the third year, and the coupon rate is 2.02%.
The funds raised from this bond issuance, after deducting issuance expenses, will be used to enhance the total loss absorption capacity of the bank in accordance with applicable laws and regulatory approvals.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
