According to the Zhitong Finance App, CICC (03908) announced that the company publicly issued 2020 corporate bonds (for qualified investors) (second instalment) (type 2) (hereinafter referred to as “current bonds”) and will start paying interest for the period from May 6, 2023 to May 5, 2024.
The current bond is abbreviated as “20 CICC G4”. The total issuance period is RMB 700 million. The bond term is 7 years, the coupon interest rate (annual interest rate) is 2.88%, the face value of each current bond is 1,000 yuan, and interest is paid 28.8 yuan (tax included).