Gelonghui, March 11, 丨 Black Peony (600510.SH) announced that from March 8, 2023 to March 9, 2023, the company issued the “Black Peony (Group) Co., Ltd. 2023 First Term Note” (bond abbreviation: 23 Black Peony MTN001; bond code: 1023080464; “current medium-term note”). The actual total amount of the current medium-term note issued was RMB 1 billion, and the term was 1+1 year. The unit face value was RMB 100, and the annual interest rate of the coupon was 3.40%. RMB 1 billion was paid on March 10, 2023.

According to the relevant agreement on the issuance terms of the current medium-term note, the issuer's right to adjust the coupon interest rate at the end of the year and the investor's right to resell it at the end of the year. At the end of the year 1, the company exercised the right to adjust the coupon interest rate and lowered the coupon interest rate to 1.00%. Investors have the right to exercise the resale option from January 17, 2024 to January 23, 2024. According to the resale declaration results data provided by Shanghai Liquidation, the current medium-term note resale result was RMB 1 billion.

On March 11, 2024, the company completed the full resale and principal and interest payment of the first issue of 2023 medium-term notes, with a total principal and interest payment of RMB 1,034 billion.