Financial Street Holdings secures 8.1 bn yuan in CMBS issuance

Financial Street Holdings Co., Ltd. announced the successful establishment of the "Financial Street Commercial Real Estate Phase 2 (Financial Street Center) Asset-Backed Special Plan" (Financial Street Center CMBS) on December 10, 2025. This follows approval of the CMBS issuance plan and subsequent regulatory clearance from the Shenzhen Stock Exchange.

The Financial Street Center CMBS raised a total of 8.1 bn yuan in subscription funds, meeting the target offering size. The issuance includes two tranches of asset-backed securities.

The priority tranche, rated AAA, comprises 80.7 m units with a face value of 100 yuan each, totaling 8.07 bn yuan. It offers an expected yield of 2.25% over an 18-year term. The subordinate tranche consists of 300,000 units, also with a 100 yuan face value, amounting to 0.03 bn yuan, and shares the same 18-year term.