China International Capital Corporation Limited (03908) announced that, in accordance with the provisions regarding the coupon rate adjustment option specified in the "Prospectus for the Public Issuance of Corporate Bonds to Professional Institutional Investors (First Tranche) 2024 of China International Capital Corporation Limited," the company, as the issuer, holds the right to decide whether to adjust the coupon rate for the subsequent interest-bearing period at the end of the second year of the bond's tenure for the bond "24 CICC G1."
Based on the company's actual circumstances and the current market environment, the decision has been made to reduce the coupon rate for the final two years of the bond by 84 basis points. Consequently, from March 4, 2026, to March 3, 2028, the coupon rate for this bond will be set at 1.55%. The bond utilizes simple interest calculated annually, with no compounding.
Comments