On February 22, the Group successfully issued US$ 700 million senior unsecured bonds, for a 5-year term with a bond rate of 2.950%. This is the Group's fundraising in the international capital market after an interval of two years. The large issuing scale with low bond rate meets enthusiastic market response, attracting subscription from 148 institutional investors worldwide totaling 6.6 times of the financing volume.
In the event of the adverse impact on the international capital market posed by risk events like the geopolitical conflict between Russia and Ukraine, the successful issuance of the USD bonds reflects international investors' recognition of the Group's strength. It improves the image and presence of the Group in international capital market, laying a solid foundation for future overseas financing.（Finance Department of Group）