Zhonglian Heavy Industry (01157): “18 Zhonglian 01” will be paid due on December 4

Zhitong Finance ·  11/29/2023 17:18

Zhonglian Heavy Industry (01157) announced that the company will launch on December 4, 2023 (due to 2023/12...

According to the Zhitong Finance App, Zhonglian Heavy Industry (01157) announced that the company will begin paying the principal amount of the current bond and interest for the period from December 3, 2022 to December 2, 2023 (since December 3, 2023 is a non-trading day, it was postponed to the first trading day thereafter).

According to reports, the current bond issue is “18 China Union 01” for short. The total amount issued is RMB 2 billion, the bond balance is RMB 887 million, and the coupon interest rate for current bonds is 3.30%. The interest payout for each lot of current bonds with a face value of $1,000 is RMB 33.00 (tax included), the principal payment amount is RMB 1,000, and the total settlement interest amount is RMB 1033.00 (tax included).

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