China Development Bank Financial Leasing redeems $700m Tier 2 bonds

China Development Bank Financial Leasing Co., Ltd. has successfully completed the redemption of its U.S.$700,000,000 2.875 per cent. Tier 2 Dated Capital Bonds due 2030. The redemption of all outstanding bonds was finalized on September 28, 2025, as per the terms and conditions of the bonds.

This redemption follows the initial issuance and listing of the bonds on September 28, 2020, with an initial interest rate of 2.875 per cent. The company confirmed that as of the announcement date, there are no outstanding bonds remaining in issue.

The issuer has applied to The Stock Exchange of Hong Kong Limited for the withdrawal of the listing of these bonds, which is anticipated to become effective upon the close of business on October 9, 2025. The executive directors of the issuer include Ms. MA Hong and Mr. JIN Tao.