BOCOM INTL (03329) plans to issue RMB 1.1 billion and USD 134 million subordinated perpetual securities.

date
08:24 23/09/2026
avatar
GMT Eight
BOCOM INTL (03329) announced that on September 22, 2026, the Company (as issuer) completed pricing for the proposed issuance of subordinated perpetual securities with an aggregate principal amount of RMB 1.1 billion and USD 134 million, respectively, and has received subscription commitments from Bank of Communications and other institutional investors. The Company intends to use the net proceeds from the proposed issuance to repay existing liabilities or fund incremental asset deployment, in order to support the Group's business development.
BOCOM INTL (03329) announced that on September 22, 2026, the Company (as issuer) completed pricing for the proposed issuance of subordinated perpetual securities with an aggregate principal amount of RMB 1.1 billion and USD 134 million, respectively, and has received subscription commitments from BANKCOMM and other institutional investors. The Company intends to use the net proceeds from the proposed issuance to repay existing liabilities or fund incremental asset deployment, in order to support the Group's business development.