Qilu Bank Completes Full Redemption of Subordinated Bonds
Deep News
Yesterday
On September 14, according to financial news, Qilu Bank Co.,Ltd. announced the full redemption of its subordinated bonds.
In September 2021, Qilu Bank Co.,Ltd. issued subordinated bonds totaling RMB 4 billion in the national interbank bond market. As stipulated in the bond prospectus, the issuer held a redemption option, allowing the bank to redeem the bonds at par value in full on the last day of the fifth interest-bearing year, which falls on September 14, 2026.
The bank confirmed that, as of the announcement date, it has exercised this redemption right and fully redeemed the bonds.
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