China Resources Land: Completes Redemption of $1.05 Billion Subordinated Perpetual Capital Securities

Jinshi data, December 9th news, China Resources Land announced that the company has completed the redemption of all outstanding 3.9 billion US dollars of medium-term notes under the 2024 USD 39 billion issuance plan on December 9, 2024, including the 1.05 billion US dollars of subordinated perpetual capital securities that have been issued. There are no issued securities after the final redemption date. Therefore, the company will apply to the Stock Exchange for the withdrawal of the listing status of the securities. The withdrawal of the securities’ listing status is expected to take effect at the end of business hours on December 17, 2024.

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