Industrial and Commercial Bank of China: Completion of 50 billion yuan Tier 2 capital bonds issuance

Industrial and Commercial Bank of China announced that, with the approval of the relevant regulatory authorities, the issuance of subordinated capital bonds in 2026 has recently been completed in the national interbank bond market. The size of this bond issue is 50 billion yuan, with a term of 10 years and a fixed interest rate, and conditional redemption rights for the issuer at the end of the 5th year, with a coupon rate of 2.00%. After deducting issuance costs, the funds raised will be used to supplement the bank's Tier 2 capital.