CHINA OVERSEAS (ASX: 00688) has issued an announcement regarding its corporate bond.

The company, China Overseas Enterprises Group Co., Ltd., has confirmed the redemption schedule for its 2021 public offering of corporate bonds (Series 1, Type 2) to professional investors.

The bond, designated "21CHINOVERSEAS 02", is scheduled for final interest payment and principal repayment on June 15, 2026.

Should that date fall on a public holiday or weekend, the payment will be deferred to the next trading day, with no additional interest accrued during the deferral period.

The interest payment will cover the period from June 15, 2025, to June 14, 2026.

This transaction will also result in the bond's delisting from the exchange.

To ensure the smooth completion of this redemption process, the issuer has released the following bond details.

The bond has a total outstanding principal of 1 billion yuan.

It was issued with a five-year term.

The current coupon rate for the bond is 3.55% per annum.