CEB BANK (06818): Full Redemption of 40 Billion Yuan Perpetual Capital Bonds
Stock News
Sep 23
CEB BANK (06818) announced that in September 2020, the bank issued perpetual capital bonds worth 40 billion yuan. According to the relevant terms of the bond prospectus, these bonds include conditional redemption rights for the issuer, granting the issuer the right to redeem all or part of the bonds on the fifth anniversary interest payment date, which is September 22, 2025. As of the announcement date, with approval from the National Financial Regulatory Administration, the bank has exercised its redemption right and fully redeemed these bonds.
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