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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 8/24/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Jinshang redeems RMB 2 billion tier 2 capital bonds in full

By Taylor Fox

New York, Aug. 24 – Jinshang Bank Co Ltd. redeemed RMB 2 billion of 10-year, tier 2 capital bonds in full, according to a news release.

The bonds were issued between Aug. 19, 2015 and Aug. 21, 2015.

According to the prospectus for the issuance of the bonds, Jinshang had the right to redeem the bonds at their nominal value on the last day of the fifth interest-bearing year, which was Aug. 21.

Jinshang Bank is located in Taiyuan, China.


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