China International Capital Corporation Limited (CICC) (03908) has announced that its plan to publicly issue up to 20 billion yuan (inclusive) in perpetual subordinated bonds to professional investors has been registered by the China Securities Regulatory Commission.
The issuance of these bonds will be conducted in multiple phases. The current phase involves the 2026 perpetual subordinated bonds (second tranche) aimed at professional investors, with an issuance scale of up to 3 billion yuan (inclusive).
This tranche of bonds will be abbreviated as "26 CICC Y2" and carries a bond code of 244646. Each bond has a face value of 100 yuan and will be issued at a price of 100 yuan per bond.
Comments