CICC(03908) issued RMB 2 billion notes maturing in 2028 with an interest rate of 1.90%.

date
07:19 13/03/2026
avatar
GMT Eight
CICC (03908) announced that on March 12, 2026, the issuer CICC Hong Kong Finance 2016 MTN Limited, guarantor China International Finance (International) Limited, and the company issued notes according to the plan with CICC Hong Kong Securities, Citigroup, and Standard Chartered Bank as joint global coordinators.
CICC (03908) issued an announcement that on March 12, 2026, the issuer CICC Hong Kong Finance 2016 MTN Limited, guarantor China International Finance (International) Limited, and the company entered into a subscription agreement with CICC Hong Kong Securities, Citigroup, and Standard Chartered Bank as joint global coordinators, CICC Hong Kong Securities, Citigroup, Standard Chartered Bank, Agricultural Bank of China Limited Hong Kong Branch, Bank of China, Bank of Communications, BNP Paribas, CITIC Bank International, China Construction Bank Corporation (Asia), CEB Bank Hong Kong Branch, China Galaxy International, CISI FIN, China Minsheng Banking Corp., Ltd., CIMB International, Credit Suisse, Dah Sing Bank, Guotai Junan International, Hua Xia Bank Limited Hong Kong Branch, Huatai International, Industrial and Commercial Bank of China, Industrial Bank Limited Hong Kong Branch, Bank of Shanghai Hong Kong Branch and Shenwan Hongyuan Group (Hong Kong) as joint bookrunners and joint lead arrangers. An application has been made to the Hong Kong Stock Exchange for the listing and permission to trade the notes. The notes will be listed and traded on the Hong Kong Stock Exchange as debt securities sold only to professional investors. It is expected that the listing of the notes will take effect on March 20, 2026. The issuer intends to use the net proceeds from the sale of the notes to repay existing debts of the guarantor and its subsidiaries, as well as for other general corporate purposes.