Grandblue Environment announces redemption of 2025 short-term commercial papers

Grandblue Environment Co., Ltd. has announced the upcoming redemption of its 2025 first-tranche super short-term commercial papers, identified as "25 Grandblue SCP001." The total issuance amount for this tranche is 500 million yuan, carrying an annual interest rate of 1.75% for the current interest-accrual period. The principal and interest are scheduled for repayment on September 26, 2025.

The redemption process will facilitate the transfer of funds from the Interbank Market Clearing House Co., Ltd. to bondholders' designated bank accounts. In cases where the payment date falls on a statutory holiday, the transfer will be postponed accordingly. Bondholders are advised to inform the Interbank Market Clearing House promptly of any changes to their bank account details to ensure timely receipt of funds.

Key entities involved in this redemption include Grandblue Environment as the issuer, CITIC Bank Corporation Limited as the ongoing management institution, and the Interbank Market Clearing House Co., Ltd. as the registration and custody institution.