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01988 MINSHENG BANK
RTNominal up2.830 +0.010 (+0.355%)
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17/12/2018 10:24

China Minsheng (01988) issues RMB20bn bonds

[ET Net News Agency, 17 December 2018] China Minsheng Banking Corp., Ltd. (01988) said
it has successfully issued the "Second Tranche of Financial Bonds of China Minsheng
Banking Corp., Ltd. in 2018" in the national inter-bank bond market, and has completed the
registration and entrustment of the bonds with China Central Depository & Clearing Co.,
Ltd.
The book building of the bonds took place on 12 December 2018 and the issuance of the
bonds was completed on 14 December 2018. The total amount of the bonds is RMB20 billion.
The bonds are issued for three years at a fixed coupon rate of 3.76%.
The proceeds from the bonds will be used for the provision of loans to small and micro
enterprises in accordance with the applicable laws and the approval of the regulatory
authority. (RC)

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