CICC (03908): In 2026, publicly issued perpetual subordinated bonds (third tranche) with a face interest rate of 2.24% targeting professional investors.
China International Finance Limited (03908) announced that it will issue perpetual subordinated bonds (third tranche) towards professional investors in 2026. The issuance size of the bonds will not exceed RMB 4 billion. On March 12, 2026, the lead underwriter conducted a pricing inquiry with investors. Based on the results of the inquiry, the final coupon rate for the bonds was determined to be 2.24%.
CICC (03908) announces that China International Finance Limited has issued perpetual subordinated bonds (third batch) to professional investors in 2026 (referred to as "this batch of bonds"), with a total issuance size not exceeding RMB 4 billion. On March 12, 2026, the lead underwriter conducted a face value interest rate inquiry to investors in the offline market. Based on the inquiry results from offline investors, the final face value interest rate of this batch of bonds is determined to be 2.24%.
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