CICC Issues USD 550 Million Floating-Rate Notes Due 2028 and USD 850 Million Floating-Rate Notes Due 2029

Stock News
02/06

CICC (03908) has announced the signing of a subscription agreement on February 5, 2026, involving the issuer, the guarantor, the company, joint global coordinators, joint bookrunners, and joint lead managers for the issuance of notes under the program. On February 12, 2026, the company issued USD 550 million in principal amount of 2028 notes, carrying a floating interest rate of SOFR compounded index plus 0.48% per annum, with a maturity date of February 12, 2028, or the nearest interest payment date. Concurrently, USD 850 million in principal amount of 2029 notes were issued, featuring a floating interest rate of SOFR compounded index plus 0.53% per annum, maturing on February 12, 2029, or the nearest interest payment date. An application has been submitted to the Stock Exchange for the listing of and permission to trade the notes. The notes will be listed and traded on the Exchange as debt securities offered solely to professional investors. The listing of the notes is expected to take effect on February 13, 2026.

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