CMBC Capital (1141) Announces Further Acquisition of Sumitomo Mitsui Financial Notes

Bulletin Express
Feb 10

CMBC Capital Holdings Limited (1141) announced the completion of another acquisition of notes (the “Acquisition”) issued by Sumitomo Mitsui Financial Group, Inc. According to the announcement, a direct wholly owned subsidiary, CMBC Investment (HK) Limited, completed an over-the-counter transaction on February 10, 2026, consisting of a US$10 million principal amount (approximately HK$78.06 million) at a total consideration of around US$10.34 million (approximately HK$80.72 million).

The notes (the “Notes 1”) pay interest at 6.45% per annum until June 5, 2035, after which the interest rate will reset every five years to the United States Treasury Rate plus 1.90% per annum. Issued in an aggregate principal amount of US$1.25 billion, these perpetual subordinated notes are listed on the Luxembourg Stock Exchange.

CMBC Capital Holdings Limited’s board stated that the transaction was funded from internal resources. It added that the Acquisition, combined with a previous subscription and acquisition of other Sumitomo Mitsui Financial Group notes, is intended to balance and diversify the investment portfolio while generating stable returns. Given that the relevant percentage ratios under the Listing Rules exceed 5% but are less than 25%, the Subscription and Acquisitions are regarded as a discloseable transaction subject to reporting and announcement requirements, but exempt from shareholders’ approval under Chapter 14 of the Listing Rules.

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