Core Viewpoint - China National Building Material (CNBM) has received approval to publicly issue corporate bonds totaling up to RMB 20 billion, with a specific issuance of RMB 1.3 billion for its third phase of technology innovation bonds aimed at professional investors [1][2]. Group 1: Bond Issuance Details - The total issuance scale for the current bonds is capped at RMB 1.3 billion, with each bond having a face value of RMB 100 [1]. - The bonds will be listed on the Shanghai Stock Exchange, with two types of bonds: YK15 and YK16, identified by codes 243088.SH and 243089.SH respectively [1]. - The bond types include a 3+N year fixed-rate bond and a 5+N year fixed-rate bond, with the option for inter-species allocation based on subscription demand [2]. Group 2: Interest Rate and Pricing - The interest rate for the first bond type is set between 1.50% and 2.50%, while the second type ranges from 1.60% to 2.60% [2]. - The final interest rates will be determined through a book-building process on May 29, 2025, based on inquiries from professional institutional investors [2].
中国建材(03323)拟发行不超过13亿元公司债券