China State Construction Redeems $500 Million Perpetual Securities

MT Newswires Live

2024/12/03

China State Construction International Holdings (HKG:3311) subsidiary China State Construction Finance (Cayman) III redeemed the outstanding principal amount of its $500 million subordinated perpetual capital securities on Tuesday, Dec. 3, according to a same-day filing.

China State Construction Finance has applied to the Hong Kong Exchange to withdraw the listing of the perpetual securities issued in 2019.

The listing withdrawal is expected to take effect on Dec. 11.

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