浦发银行：200亿元二级资本债券发行完毕

Core Viewpoint - Shanghai Pudong Development Bank has successfully issued the "2025 First Phase of Subordinated Capital Bonds" with a total scale of RMB 20 billion, aimed at supplementing its Tier 2 capital [1] Group 1: Bond Issuance Details - The bond issuance was approved by relevant regulatory authorities and took place in the interbank bond market [1] - The bonds were recorded and custodied by the China Central Depository & Clearing Co., Ltd [1] - The issuance date was completed on November 19, 2025, following the book-building process on November 17, 2025 [1] Group 2: Bond Structure - The total issuance consists of two varieties: - Type One: 10-year fixed-rate bond with a scale of RMB 16.5 billion and a coupon rate of 2.17%, featuring a conditional redemption option at the end of the fifth year [1] - Type Two: 15-year fixed-rate bond with a scale of RMB 3.5 billion and a coupon rate of 2.40%, featuring a conditional redemption option at the end of the tenth year [1] Group 3: Fund Utilization - The funds raised from this bond issuance will be used in accordance with applicable laws and regulatory approvals to supplement the bank's Tier 2 capital [1]