CHINA OVERSEAS LAND & INVESTMENT (00688) Subsidiary Plans to Issue Medium-Term Notes Worth Up to RMB 2 Billion

Stock News
Aug 20

CHINA OVERSEAS LAND & INVESTMENT (00688) announced that its wholly-owned subsidiary, China Overseas Enterprise Development Group Co., Ltd. (COHEG), will issue the second tranche of 2025 medium-term notes in China. The issuance amount will not exceed RMB 2 billion and will be listed on the national interbank bond market.

The medium-term notes will be issued in three varieties. Variety One has an issuance amount not exceeding RMB 1.5 billion with a 5-year term. Variety Two has an issuance amount not exceeding RMB 100 million with a 10-year term. Variety Three has an issuance amount not exceeding RMB 400 million with a 15-year term. All three varieties include inter-variety callback options.

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