On 4 March 2024, China Everbright Limited (stock code: 165.)HK) successfully issued the first tranche of medium-term notes in 2024 in China's interbank market with an issuance size of RMB4 billion. The issuance of two varieties, the first is a 3-year medium-term note, the issuance scale is 2 billion yuan, the coupon rate is 268%，Hit a new low coupon rate for Everbright Limited's historical bond issuance; The second variety is a 5-year medium-term note, with an issuance size of RMB 2 billion and a coupon rate of 285%，It is the first time that China Everbright Limited has issued a 5-year medium-term note in the interbank market, setting a new low in the coupon rate of the same maturity panda in the past five years.
The issuance was actively subscribed by banks and non-bank institutional investors, and the subscription multiple of variety 1 was 264 times, the subscription multiple of variety 2 is 255 times, with a subscription amount of nearly 10.4 billion yuan, fully reflects the recognition and support of institutional investors for the company's high-quality development.
The issuance further optimizes the Company's debt structure, reduces financing costs, and sets the best record in the history of Everbright Limited's cross-border debt financing, making a good start for the Company to celebrate the New Year in 2024. China Everbright Limited will continue to leverage its advantages as a cross-border asset management platform, continue to promote high-quality business development, and serve the sustainable development of China's economy.