CNBM Plans to Issue Up to RMB 3 Billion Corporate Bonds

Stock News

03/04

CNBM (03323) has announced that China National Building Material Company Limited will issue the second tranche of its 2026 scientific and technological innovation corporate bonds, targeting professional investors. The issuance size will not exceed RMB 3 billion (inclusive). This bond issue consists of two series: Series 1 has a term of 3 years, while Series 2 has a term of 5 years. The book-building range for the coupon rate of Series 1 is 1.40% to 2.40% (inclusive), and for Series 2, it is 1.50% to 2.50% (inclusive). The proceeds from the bond issuance will be used to repay interest-bearing debt.

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