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Capital Markets - Qingdao Pingdu Holdings Group Co., Ltd.

SOE China

6.90% Bonds due 2028

US$ 84,000,000 Sole Global Coordinator, Joint Lead Manager, Joint Bookrunner 2025
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March 11,2025

Haitong Bank, Macau Branch acted as Sole Global Coordinator, Joint Lead Manager and Joint Bookrunner in Qingdao Pingdu Holdings Group Co., Ltd. USD84 million bond issue. The Tenor is 3 years and the coupon is 6.9%.

The net proceeds from the Bonds are intended to be used for refinancing the existing offshore indebtedness of its subsidiary.