Financial Street Holdings sets interest payment for "24 Jinjie" bonds

Financial Street Holdings (SZSE:000402) will pay interest on June 27, 2025, for its "24 Jinjie 04" (bond code: 148797) and "24 Jinjie 03" (bond code: 148796) corporate bonds. The record date for determining eligible bondholders is June 26, 2025. The interest rate for "24 Jinjie 04" is 2.95%, translating to CNY 29.50 per CNY 1,000 face value, while the interest rate for "24 Jinjie 03" is 2.46%, translating to CNY 24.60 per CNY 1,000 face value. Financial Street Holdings has deposited sufficient funds to cover the interest payments with China Securities Depository and Clearing Corporation Shenzhen Branch. The "24 Jinjie 04" bond has an outstanding amount of CNY 1.4 billion, while the "24 Jinjie 03" bond has an outstanding amount of CNY 600 million. This announcement follows a report by CCXI assigning Financial Street Holdings a AAA credit rating, reflecting strong shareholder support and stable income from investment properties, but noting the challenges posed by the real estate market and a CNY 11.556 billion loss in 2024. While the rating outlook is stable, CCXI highlighted the need to monitor Financial Street Holdings' debt levels and cash flow management.