Bank of Suzhou issues first tranche of 2025 Tier-2 capital bonds

Suzhou Bank Co., Ltd. announced the successful completion of its 2025 Tier-2 Capital Bonds (First Tranche) issuance. Approved by the People's Bank of China and the Jiangsu Regulatory Bureau of the National Financial Regulatory Administration, the bonds were issued in the national interbank bond market.

The book-building for this tranche finalized on October 16, 2025, with payment completed on October 20, 2025. The issuance size reached RMB 4.5 bn.

These are 10-year fixed-rate bonds, featuring an issuer's callable option at the end of the fifth year. The coupon rate for this issuance is 2.45%. The funds raised are earmarked to replenish the bank's Tier-2 capital.