CICC approved to issue corporate bonds of up to 80 billion yuan

Corporate Action
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CICC has been approved to issue corporate bonds of up to 80 billion yuan. On August 25, CICC announced that its application to publicly issue corporate bonds with a total face value of no more than 80 billion yuan to professional investors had been approved. The approval is valid for 24 months from the date of registration, and the company may issue the bonds in tranches within the registration validity period.

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