CNBM (03323) Sets 1.77% Coupon Rate for Series One of Its 2026 Sci-Tech Innovation Bond for Professional Investors

Stock News

01/20

CNBM (03323) announced the public issuance of its 2026 Sci-Tech Innovation Corporate Bond (First Tranche) targeting professional investors, with a total issuance scale not exceeding RMB 2 billion. The bond issuance comprises two series, with Series One having a term of 3 years and Series Two having a term of 5 years. Based on the inquiry results from professional institutional investors offline and following consultations between the issuer and the lead underwriter, the final coupon rate for Series One of this bond has been set at 1.77%, while Series Two was not ultimately issued.

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