Cnbm (03323) announced that the company will publicly issue technology innovation bonds for professional investors in 2024 (fifth tranche), with a issuance size not exceeding 2 billion yuan. This tranche of bonds is divided into two categories, with one having a maturity of 3 years and the other of 5 years. The bonds introduce cross-category put options, with no limitation on the put-back ratio. The issuer and the lead underwriter will, based on the subscription situation of the bond issuance, reach a consensus within the total issuance size to determine whether to exercise the cross-category put option.
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.