Shenwan Hongyuan Group Co., Ltd. (06806) announced that its subsidiary, Shenwan Hongyuan Securities Co., Ltd., has completed the redemption of principal and interest for the bond "21 Shenzheng 03" and its subsequent delisting.
The bond in question was originally issued by Shenwan Hongyuan Securities on May 24, 2021. It was the second tranche of the company's 2021 public offering of corporate bonds targeted at professional investors. The issuance size was RMB 2.6 billion with a five-year term and a coupon rate of 3.63%. The bond carried the code 149479.
The scheduled redemption date for this bond issue was May 25, 2026, which was also its designated delisting date. The issuer has now fulfilled all payment obligations associated with the bond.