Core Viewpoint - China Reinsurance (Group) Corporation's subsidiary, China Property Reinsurance Co., Ltd., has successfully issued capital supplementary bonds totaling RMB 4 billion to enhance its capital and solvency [1] Group 1: Bond Issuance Details - The capital supplementary bonds have a total principal amount of RMB 4 billion [1] - These bonds are fixed-rate with a ten-year term, featuring a coupon rate of 2.20% for the first five years [1] - The company has the option to redeem the bonds at the end of the fifth year; if not redeemed, the coupon rate for the remaining five years will increase to 3.20% [1] Group 2: Purpose of Fundraising - The funds raised from this bond issuance will be used to supplement the capital of China Property Reinsurance, subject to applicable laws and regulatory approvals [1] - The capital raised aims to improve the company's solvency and support its ongoing stable business development [1]
中国再保险(01508.HK)：中再产险40亿元资本补充债券发行完毕