Cham Swiss Properties (CHAM.SW) said Monday that it placed a 1.6% fixed-rate bond with a principal amount of 100 million francs and a term of five years.
Settlement of the bond is scheduled for Oct. 27. The Swiss real estate company earmarked the proceeds for its development pipeline and the repayment of short-term loans.
Shanghai Rural Commercial Bank (SHA:601825) issued bonds amounting to 4 billion yuan, according to a Shanghai bourse filing over the weekend.The lender's shares rose 1% during Monday's morning trade.The bonds were issued in two tranches. The first tranche is worth 3 billion yuan and has a coupon rate of 1.55% and the second tranche amounted to 1 billion yuan and has an initial coupon rate of 1.60%, which is linked to the one-year loan prime rate minus 140 basis points.Both tranches have a maturity of three years.
China Minsheng Banking (SHA:600016, HKG:1988) issued bonds worth 10 billion yuan, according to a Shanghai bourse filing on the weekend.The bonds carry a three-year fixed interest rate with a coupon rate of 1.58%.
Bank of Beijing (SHA:601169) raised 30 billion yuan via the issue of the second tranche of its 2026 undated capital bonds.Proceeds will be used to replenish the additional Tier 1 capital, according to a weekend filing with the Shanghai bourse.The bonds have a coupon rate of 1.88% for the first five years, adjusted every five years.