Financial Street Holdings announces interest payment for medium-term notes

Financial Street Holdings Co., Ltd. has announced the interest payment for its 2024 second tranche medium-term notes (24 Financial Street MTN002), due in 2025. The total interest payment for this period amounts to RMB 3,766.5. The notes have an issue size of RMB 155,000 and carry an interest rate of 2.43% for the current interest-accrual period. The initial interest accrual date was December 20, 2024, for the 3+2 year term.

The scheduled interest payment date is December 20, 2025. If this date falls on a statutory holiday or non-business day, the payment will be postponed to the first subsequent business day, with no additional interest accrued during the postponed period. The bonds hold an AAA credit rating.

The payment mechanism involves the interbank market clearing house transferring funds to bondholders' designated bank accounts. China Securities Co., Ltd. is the lead underwriter and ongoing management institution, while CFETC is the registration and custody institution.