SPDB convertible bonds maintain AAA rating in 2025

Shanghai Pudong Development Bank (SSE:600000) announced that its "Pufa Convertible Bonds" (SSE:110059) have maintained their AAA credit rating in a follow-up assessment conducted by Shanghai New Century Credit Rating Investment Services Co., Ltd. The bank's own AAA issuer rating and stable outlook were also affirmed. This announcement, dated May 27, 2025, confirms that the bonds remain eligible as collateral for bond repurchase transactions. The full rating report is available on the Shanghai Stock Exchange (SSE) website.