China Construction Bank (HKG:0939, SHA:601939) raised 60 billion yuan through issue of tier 2 capital bonds.
The 10-year bonds carry a coupon of 1.88%, according to a Hong Kong filing on Monday. The issuer has the option to redeem the bond at the end of the fifth year. Proceeds from the issuance will be used to replenish the lender's tier 2 capital.
Shanghai Pudong Development Bank (SHA:600000) raised 30 billion yuan via the issue of three-year fixed-rate bonds, priced at a coupon of 1.56%.Proceeds will be channeled exclusively into lending to small and micro enterprises, according to a weekend filing with the Shanghai bourse.
Nostrum Oil & Gas (NOG.L) is offering to repurchase up to $30 million of its outstanding 5% senior secured notes due 2026.The oil and gas company opened the offer on July 24, according to a same-day filing. The notes are part of an original issuance worth $250 million, with $244.4 million outstanding as of offer launch.The redemption offer will run until Aug. 21, and settlement is scheduled in three days once the transaction takes effect.
Inspur Electronic Information Industry (SHE:000977) issued 1 billion yuan of five-year bonds, according to a Saturday filing with the Shenzhen bourse.The bonds hold a coupon rate of 1.85% and will mature July 24, 2031.Shanghai Pudong Development Bank (SHA:600000) is the bookkeeping manager and lead underwriter for this issuance, while Industrial Bank (SHA:601166) is the joint lead underwriter.Inspur's shares slipped 2% during the midday break on Monday.