工商银行拟赎回境外美元优先股

Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) has announced the redemption of its $2.9 billion offshore preferred shares, which has been approved by the board and received no objections from the financial regulatory authority [1] Group 1: Redemption Details - The bank plans to redeem the offshore US dollar preferred shares on September 23, 2025, at a redemption price that includes the liquidation preference amount and any declared but unpaid dividends from the last payment date to the redemption date [1] - Payment for the redemption will be made in accordance with the terms and conditions of the preferred shares, through Euroclear Bank SA/NV and Clearstream Banking, S.A. [1] - After the redemption and cancellation of the existing offshore US dollar preferred shares, the bank will have no outstanding US dollar preferred shares in the offshore market [1] Group 2: Regulatory Compliance - The bank has received a response from the financial regulatory authority indicating no objections to the redemption of the offshore US dollar preferred shares [1] - The bank will apply to the Hong Kong Stock Exchange for the delisting of the relevant offshore US dollar preferred shares [1]