CNBM (03323) has announced that China National Building Material Company Limited will issue the second tranche of its 2026 scientific and technological innovation corporate bonds, targeting professional investors. The issuance size will not exceed RMB 3 billion (inclusive). This bond issue consists of two series: Series 1 has a term of 3 years, while Series 2 has a term of 5 years. The book-building range for the coupon rate of Series 1 is 1.40% to 2.40% (inclusive), and for Series 2, it is 1.50% to 2.50% (inclusive). The proceeds from the bond issuance will be used to repay interest-bearing debt.
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