Securities code: 601939 securities abbreviation: China Construction Bank Corporation(601939) Announcement No.: pro 2022-002 China Construction Bank Corporation(601939)
Announcement on the completion of overseas tier 2 capital bond issuance and planned listing in 2022
The board of directors and all directors of the bank guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Approved by the first extraordinary general meeting of shareholders in 2020 held by China Construction Bank Corporation(601939) (hereinafter referred to as “the bank”) on November 12, 2020 and approved by the China Banking and Insurance Regulatory Commission and the people’s Bank of China, the bank issued US $2 billion tier 2 capital bonds (hereinafter referred to as “the bonds”) due in 2032 overseas on January 21, 2022. The current bonds are 10-year fixed rate bonds with conditional redemption rights of the issuer at the end of the fifth year. From January 21, 2022 (inclusive) to January 21, 2027 (exclusive), the initial fixed interest rate of the bonds is 2.85% per year. The interest rate from January 21, 2027 (inclusive) to January 21, 2032 (exclusive) is determined according to the terms and conditions of the bonds in the offering circular dated January 13, 2022.
The bank has applied to the stock exchange of Hong Kong Limited for approval of the listing and trading license of the bonds, and the bonds are issued by issuing debt securities only to professional investors (as defined in Chapter 37 of the Securities Listing Rules of the stock exchange of Hong Kong Limited). The listing and trading license of the bonds is expected to take effect on January 24, 2022.
It is hereby announced.
China Construction Bank Corporation(601939) board of directors January 21, 2022
