CHINA JINMAO (00817) has announced that its wholly-owned subsidiary, Shanghai Jinmao Investment Management Group Co., Ltd., completed the issuance of the first tranche of its 2026 medium-term notes to qualified investors on April 15, 2026, with a total principal amount of RMB 2.5 billion. The notes have a term of five years and include an option for the issuer to adjust the coupon rate at the end of the third year, as well as an investor put option. The final coupon rate was set at 2.39%. The proceeds from the issuance are intended to be used for repaying other maturing notes of the company.
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