China Everbright Bank redeems RMB 40 bn undated capital bonds

China Everbright Bank Company Limited announced the full redemption of its RMB 40 billion undated capital bonds. These bonds were originally issued in September 2020. The redemption, exercised on the fifth anniversary interest payment date, September 22, 2025, aligns with the conditional redemption right granted to the issuer.

The redemption was carried out after receiving approval from the National Financial Regulatory Administration. As of the announcement date, the bank confirmed it had fully redeemed the bonds, leveraging the terms outlined in the original issuance.

This action reflects China Everbright Bank's strategic financial management and its ability to act on bond redemption options as specified.