Summary by Moomoo AI
China International Capital Corporation announced on July 10, 2024, that it will publicly issue no more than RMB 3 billion perpetual subordinated bonds (first tranche) for professional investors. The bond code for this issue is 24CICC Y1, and the bond code is 241280. The subordinated bonds have been registered with the China Securities Regulatory Commission, with a credit rating of AAA, and are jointly underwritten by Citic Securities and China Galaxy Securities. The funds raised will be used to supplement working capital. The current issue of bonds uses a fixed interest rate, and the face interest rate for the first five years will be negotiated by the issuer and the lead underwriter based on the results of the offline bookkeeping within the face interest rate inquiry range. The issuer promises to issue in compliance and to complete relevant listing procedures as soon as possible after the issue ends. This issue is only open to professional institutional investors, and individual investors in general investors and professional investors are not allowed to participate in the issuance subscription.