News summary
CISI Investment, a subsidiary of Xingzheng International (06058), subscribes US$6 million in Ping An Overseas Holdings Notes of Chinamw2crashingps5, total cost 597mw2crashingps5.7.13 million US dollars.
Newsletter text
[CISIInvestment, a subsidiary of Xingzheng International, subscribes US$6 million in Ping An Overseas Notes of China]
CISI Investment, a wholly-owned subsidiary of Xingzheng International (06058), subscribed for the issuance of Ping An Insurance Overseas (Holdings) Co., Ltd. through the lead manager on May 8 and 9 (after trading hours)mw2crashingps5Notes, with a total subscription amount of US$6 million and a total payment amount of approximately 597mw2crashingps5.7.13 million, excluding transaction costs.
The total amount of notes issued this time is US$300 million, the issue price is 99.271% of the principal amount of the notes, and the fixed annual interest rate is 6.125%.