CITIC Securities Co., Ltd. (03908) plans to issue perpetual subordinated bonds not exceeding 2 billion yuan.

Zhixin Finance APP News, CICC (03908) announced that China International Finance Limited will publicly issue perpetual subordinated bonds to professional investors in 2026 (the fourth tranche), with an issuance size of not more than RMB 2 billion (including RMB 2 billion) and the bond is referred to as "26 CICC Y4" with a code of 245244. The coupon rate for this bond is in the range of 1.50%-2.50% (including the upper and lower limits). The final coupon rate of this bond will be negotiated by the lead underwriter based on the book-building results within the coupon rate enquiry range.