Construction Bank: Redeem $2 billion USD Tier 2 capital bonds.

date
08/05/2025
Construction Bank Announcement: The company will exercise its redemption right on June 24, 2025, redeeming all outstanding initial annual interest rate of 2.45%, $2 billion secondary capital bonds due in 2030. The redemption will include principal and accrued but unpaid interest up to the redemption date. Upon completion of the redemption, the current bonds will no longer have any outstanding balance, and the company will also apply for delisting from the Hong Kong Stock Exchange. The China Banking and Insurance Regulatory Commission has no objection to this redemption, and the conditions for exercising the redemption right have been met.