According to Zhitong Finance App, Yuexiu Transport Infrastructure (01052) announced that on May 13, 2021, Yuexiu Transport Infrastructure Co., Ltd. completed the issuance of “Yuexiu Transport Infrastructure Co., Ltd.'s public offering of 2021 corporate bonds (for professional investors) (Phase II) (Type 1)” (“21 Yuexiu Jiao 02”). The actual issuance scale of the current bond was RMB 1 billion, and the coupon interest rate was 3.48%.
May 13, 2024 is the third interest-bearing annual interest payment date for “21 Vietnam Express 02”. According to the “Yuexiu Transportation Infrastructure Co., Ltd. Public Offering of 2021 Corporate Bonds (for Professional Investors) (Phase II)”, the company can decide whether to exercise the issuer's redemption option or adjust the coupon interest rate option on the 20th trading day before the interest payment date of the 3rd interest-bearing year of the current bond.
The company decided to relinquish the issuer's right to adjust the coupon interest rate option and exercise the issuer's right to redeem the current bond to fully redeem the “21 Vietnam Payment 02” registered on the redemption registration date. Based on this arrangement, investors no longer exercise the investor's resale option.
Redemption registration date: May 10, 2024. According to the redemption agreement in the company's “Prospectus”, the redemption price for “21 will be paid 02” is RMB 103.48 per sheet (including current interest, and current interest including tax). The total principal amount of the current bond redemption was RMB 1 billion, the total interest paid for the 3rd interest-bearing year was RMB 34.8 million, and the total principal and interest amount was RMB 1,035 million. Redemption fund disbursement date: May 13, 2024.