Summary by Moomoo AI
China International Capital Corporation (CICC) announced that its publicly issued perpetual subordinated bonds for professional investors, not exceeding 20 billion yuan, have been approved by the China Securities Regulatory Commission. The size of the bond issue for this period is not more than 3 billion yuan, and the face interest rate is determined to be 2.35% based on the offline inquiry bookkeeping results. The subordinated bonds will be issued to professional investors offline from July 12 to July 15, 2024. CITIC Securities Co., Ltd. and China Galaxy Securities Co., Ltd. will serve as the lead underwriters for this bond offering. CICC and its board of directors are individually and jointly responsible for the authenticity, accuracy, and completeness of the announcement.