CICC Completes RMB 4.6 Billion Perpetual Subordinated Bond Issuance

Stock News
Aug 24

CICC has announced the successful completion of its latest perpetual subordinated bond offering, raising a total of RMB 4.6 billion. The issuance, designated as the fifth tranche of the company's 2026 perpetual subordinated bonds for professional investors, concluded on August 24, 2026.

The bonds carry a coupon rate of 1.90% and attracted significant investor interest, with the subscription multiple reaching 2.30 times the offered amount. This strong demand underscores market confidence in China International Capital Corporation Limited's credit profile and the attractiveness of its debt instruments in the current interest rate environment.

The proceeds from this issuance will bolster the company's capital base, supporting its ongoing business expansion and strategic initiatives. As a leading investment bank, CICC continues to leverage diverse funding channels to optimize its capital structure and enhance financial flexibility.

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