CNBM (03323) announced that the company will publicly issue technology innovation corporate bonds for professional investors in 2024.
Zhixun Financial APP reported that CNBM (03323) announced that the company will publicly issue technology innovation enterprise bonds (fifth tranche) targeted at professional investors in 2024, with an issuance size of up to 2 billion yuan. This tranche of bonds is divided into two types, with a 3-year maturity for Type One and a 5-year maturity for Type Two. This tranche of bonds introduces the inter-type call option without restriction on the call ratio. The issuer and the bookrunner will collectively decide whether to exercise the inter-type call option based on the subscription situation within the total issuance size, as agreed upon by the issuer and the bookrunner.
On October 30, 2024, the issuer and the lead underwriter conducted a fixed-rate inquiry with professional institutional investors offline. Based on the inquiry results from offline professional institutional investors, the issuer and the lead underwriter agreed to set the fixed-rate of Type One of this tranche of bonds at 2.30%, while Type Two was not actually issued.