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HONG KONG - China Pacific Insurance (Group) Co., Ltd. (CPIC) has applied to list HK$15.56 billion ($2 billion) in zero coupon convertible bonds on the Hong Kong Stock Exchange, according to a company statement released Thursday.
The five-year bonds, set to mature in 2030, will be issued to professional investors only. The listing is expected to become effective on Friday, September 19.
The debt issuance was described in an offering circular dated September 10, 2025, according to the company’s filing.
CPIC, a joint stock company established under Chinese law, has its registered headquarters in Shanghai’s Huangpu District.
The announcement was made through the Regulatory News Service (RNS) of the London Stock Exchange, where CPIC also maintains a listing.
The company did not disclose specific plans for the use of proceeds from the bond issuance in its statement.
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