Yuexiu Capital to redeem "22 Yuekong 01" bonds

Guangzhou Yuexiu Capital Holdings Group Co., Ltd. [SZSE:000987] announced it will exercise its redemption option for the "22 Yuekong 01" bonds (bond code: 149944) and will not adjust the bond's coupon rate. The redemption will apply to all bondholders registered as of the redemption registration date. The redemption registration date is June 13, 2025, with funds expected to be available on June 16, 2025. The redemption price is set at CNY 102.80 per CNY 100 face value. The bonds, with a current coupon rate of 2.80%, have an outstanding balance of CNY 1 billion. The redemption includes accrued interest from June 14, 2024, to June 13, 2025. The company has appointed China Securities Depository and Clearing Corporation Limited Shenzhen Branch as the registration, interest payment and redemption agency. Bondholders should be aware of potential investment losses due to the redemption.