China Re P&C Raises RMB4 Billion Through Capital Supplementary Bond Issuance
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China Property and Casualty Reinsurance Company Ltd. (China Re P&C) has issued RMB4 billion in capital supplementary bonds. These ten-year bonds have a 2.20% annual coupon for the first five years, with a conditional redemption option. If not redeemed, the coupon increases to 3.20%. The funds will supplement China Re P&C's capital. This information is AI-generated and not financial advice.
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