Bank of Changsha issues 8 bn yuan tier 2 capital bonds
Bank of Changsha Company Limited announced the successful issuance of its 2025 Tier 2 Capital Bonds. The issuance, approved by shareholders, the Hunan Regulatory Bureau of the National Administration of Financial Regulation, and the People's Bank of China, totals 8 billion yuan. These fixed-rate bonds have a 10-year term and a coupon rate of 2.36%, with a conditional issuer redemption option at the end of the fifth year.
The bonds were book-built on November 27, 2025, and settlement was completed on December 1, 2025. The total issuance size reached the approved limit, demonstrating strong market confidence.
The primary purpose of raising these funds is to supplement the Bank of Changsha's Tier 2 capital, in accordance with applicable laws and regulatory approvals. This move is expected to enhance the bank's financial resilience and support its strategic growth initiatives.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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