Cosco Group completes 2 billion bond payment

[Cosco Group completes 2 billion Bond payment] Cosco Group has completed the principal and interest payment of "20 Cosco Holdings PPN001" bonds, totaling 2.067 billion yuan. It is understood that "20 Cosco Holdings PPN001" issued on April 21, 2020, with an issue size of 2 billion, with a coupon of 3.35%, was originally scheduled to expire on April 24, 2023. Up to now, COSCO has fully paid its maturing debts, and non-interest-bearing liabilities such as supply chain ABS, commercial bills and other debts have been cleared. At the level of open market financing, 3 billion yuan of PPN payments were completed in February, and there was no refinancing pressure on overseas US dollar bonds during the year, and the next US dollar debt matured in July 2024. (interface News)