CHINA CINDA (01359) Redeems Tier 2 Capital Bonds

Stock News11-21

CHINA CINDA (01359) announced that in November 2020, the company issued Tier 2 capital bonds worth RMB 8 billion in the national interbank bond market. According to the terms outlined in the bond prospectus, the bonds included an issuer redemption option, granting the company the right to redeem them on the last day of the fifth interest accrual year (November 20, 2025). As of the announcement date, the company has exercised this redemption right and fully redeemed the bonds.

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