China CITIC Bank International plans dollar, offshore yuan perpetual bonds
Published on: July 15, 2026, 10:34 a.m. | Source: The Economic Times
China CITIC Bank International plans to issue perpetual bonds in US dollars and offshore yuan. Initial price guidance is set around 5.45% for dollar bonds and 2.90% for yuan bonds. These benchmark-sized deals will strengthen the lender's capital base and absorb potential losses. The bank will hold a global investor call later today for these securities. Proceeds from the bonds will fund general corporate purposes after a five-year redemption period.
