China Jinmao issues RMB2.50 billion five-year medium-term notes at 2.20% coupon

Bulletin Express07-17

China Jinmao Holdings Group Limited announced that its wholly owned subsidiary, Shanghai Jinmao Investment Management Group Co., Ltd., completed the issuance of the second tranche of 2026 domestic unsecured medium-term notes on 17 July 2026. The offering raised RMB2.50 billion and carries a final coupon rate of 2.20%.\n\nThe notes have a five-year tenor with two embedded features: (1) the issuer may adjust the coupon rate at the end of the third year, and (2) investors hold a put option exercisable at that same point. Proceeds will be applied to repay other matured notes of the company.\n\nInformation on the issuance and trading of the notes is available on China Money, Shanghai Clearing House and Beijing Financial Assets Exchange websites.

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