Tightening Focus on Cost Reduction and Solidly Promoting Capital Management - CNBM Ltd. Issues Bonds at a Record Low Rate
News| 2022-03-09

On August 3, CNBM Ltd. successfully issued 2 billion yuan of renewable corporate bonds, of which Variety 1 was issued with a size of 1 billion yuan, a maturity of 3 years and a coupon rate of 2.97%, and Variety 2 was issued with a size of 1 billion yuan, a maturity of 5 years and a coupon rate of 3.35%. Based on the full recognition of the company's strategy, business performance and future development, investors enthusiastically made subscriptions, and the average multiple exceeded 8. The rate of this issue of corporate bonds hit a new low among the bonds of the same variety and same maturity in 2021.


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