ZTE Plans to Issue Up to RMB 1 Billion in Tech Innovation Renewable Corporate Bonds

Stock News11-05

ZTE Corporation (00763) has announced its plan to publicly issue technology innovation renewable corporate bonds for professional investors in 2026, with the first tranche having an issuance size of no more than RMB 1 billion.

Each bond has a face value of RMB 100 and is issued at a price of RMB 100 per bond.

The base term of this bond tranche is 3 years. At the end of the agreed base term and at the end of each renewal cycle, the issuer has the right to exercise the renewal option, extending by one cycle based on the agreed base term. The bonds will remain outstanding until the issuer redeems them in accordance with the issuance terms, and will mature upon redemption by the issuer as stipulated in the issuance terms.

The bonds are abbreviated as "26 ZTE YK01" with the bond code "525085".

The coupon rate inquiry range for this bond tranche is 1.40% to 2.40%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment