CHINA SOUTH AIR (01055) announced that the convertible corporate bonds issued by the company on October 15, 2020 (referred to as "CSA Convertible Bonds") will commence interest payment on October 15, 2025, covering the interest period from October 15, 2024 to October 14, 2025.
The total issuance amount of these bonds was 16 billion yuan. The convertible bonds have a term of 6 years from the date of issuance, running from October 15, 2020 to October 14, 2026. The coupon rate for the current interest-bearing year is 1.50% (including tax).