本期债券募集的资金将依据适用法律和监管部门的批准，补充该行的二级资本。China Construction Bank Corporation (00939) announced that it will hold a meeting on April 29, 2024...
According to the announcement from China Construction Bank Corporation (00939), the first extraordinary shareholder meeting of 2024 held on April 29, 2024, reviewed and approved the proposal regarding the issuance limit of capital instruments, agreeing to issue no more than 200 billion yuan equivalent of write-down type perpetual capital Bonds or write-down qualified secondary capital instruments. With the approval of relevant regulatory bodies, the bank recently issued its 2024 secondary capital Bonds (Phase III) (Bond Connect) in the national interbank bond market, completing the issuance on December 30, 2024.
The total scale of this bond issuance is 35 billion yuan, the type is a 10-year fixed-rate bond, with a conditional issuer redemption right at the end of the fifth year, and the coupon rate is 1.96%.
The funds raised from this bond issuance will supplement the bank's Tier 2 capital in accordance with applicable laws and regulatory requirements.
