Financial Street Holdings adjusts "22 Jinjie 03" coupon, offers resale
Financial Street Holdings (SZSE:000402) has announced an adjustment to the coupon rate for its "22 Jinjie 03" bonds, reducing it by 51 basis points to 2.65% for the remaining two years of the bond's term. Previously, the coupon rate was 3.16%. Concurrently, the company is providing bondholders with the option to resell their bonds to the company at a price of 100 yuan per bond. The resale registration period is set from March 25th to March 27th, 2025. Bondholders must register during this period if they wish to exercise their put option, or they will be deemed to have waived their resale rights. Payment for the repurchased bonds is scheduled for May 12th, 2025. The company also retains the right to resell these repurchased bonds.
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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