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Published on 6/29/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China Huarong Asset redeems RMB 10 billion 4.95% tier 2 bonds due 2027

By Wendy Van Sickle

Columbus, Ohio, June 29 – China Huarong Asset Management Co., Ltd. said it exercised its right to redeem its RMB 10 billion of 4.95% tier 2 capital bonds on June 29, according to a notice.

The 10-year bonds were issued in 2017 and were callable at par at the end of five years.

The state-owned asset manager is based in Beijing.


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