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China CITIC Bank completes green bond issuance

April 29, 2025 at 05:17 AM UTCBy FilingReader AI

China CITIC Bank (SSE:601998) announced the successful completion of its issuance of 2025 Green Finance Bonds (First Tranche) (Bond Connect). The issuance, approved by the People's Bank of China, reached a scale of CNY 5 billion. The bonds have a fixed interest rate of 1.67% and a tenor of 3 years. Proceeds from the bond sale will be allocated to projects defined within the "Green Bond Supported Project Directory (2021 Edition)". The book-building was completed on April 25, 2025, and the issuance concluded on April 28, 2025, in the national interbank bond market. The issuance is part of the bank's approved quota for financial bonds, which has a CNY 60 billion increase cap and a CNY 4,000 billion year-end balance limit.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601998Shanghai Stock Exchange
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