On December 3, Bank Of Changsha Co.,Ltd. (601577) announced the full redemption of its RMB 6 billion tier-2 capital bonds issued in 2020, effective December 3, 2025.
The bonds were originally issued from December 1-3, 2020. According to the prospectus terms, the bank retained the right to partially or fully redeem the bonds on the final day of the fifth interest accrual year (December 3, 2025). The bank has exercised this redemption option to fully repay the outstanding bonds.
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