China Development Bank Leasing to redeem $700m bonds

China Development Bank Financial Leasing Co., Ltd. announced the redemption of its $700,000,000 2.875 per cent. Tier 2 Dated Capital Bonds due 2030. The issuer will exercise its option to redeem all outstanding bonds on September 28, 2025, at their principal amount plus accrued interest.

The redemption follows the issuer's notification to bondholders and receipt of no objections from the National Financial Regulatory Administration Shenzhen Office, confirming that the redemption conditions have been satisfied. The initial interest rate for these bonds was 2.875 per annum.

Upon completion of the redemption, no bonds will remain outstanding. The issuer plans to apply to The Stock Exchange of Hong Kong Limited for the withdrawal of the bonds' listing. The announcement, dated August 26, 2025, was made by Liu Yi, joint company secretary.