ZHONAN 3.125% 16Jul2025 Corp (USD)

Bond Factsheet

Matured/ Called

ZhongAn Online P&C Insurance Company Limited

Indicative

Full Lot

Bid Price

99.875

Change in Bid Price

Bid Yield (%)

4.061 %

Change in Bid Yield

0.020

Ask Price

100.125

Change in Ask Price

0.125

Ask Yield (%)

2.119 %

Change in Ask Yield

remove 0.970

Indicative price as of 28 May 2025, 12:00am

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Bond Information

ZhongAn Online P & C Insurance Co., Ltd. operates as an insurance company. The Company develops and sells health, airline, and automotive insurance, and other products. ZhongAn Online P & C Insurance also offers online consumer finance services.

Bond Issuer

ZhongAn Online P&C Insurance Company Limited

Guarantor

Announcement Date

09 Jul 2020

Issue Date

16 Jul 2020

Maturity Date

16 Jul 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.125

Coupon Type

Fixed

Annual Coupon Rate

3.125

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS2178448861

CUSIP

BK4459495

Bond Currency

USD

Total Issue Size

600,000,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Insurance

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Issuer Call

Make Whole Call

The Issuer may redeem the Notes, in whole, but not in part, at any time upon giving not less than 15 nor more than 45 days' notice to the Noteholders in accordance with Condition 15 and in writing to the Trustee and the Principal Paying Agent (which notice shall be irrevocable (subject to the proviso below)) (an "Optional Redemption Notice"), at a redemption price equal to (i) (in the case of an Optional Redemption Date falling before 16 April 2025) their Make Whole Amount together with any interest accrued to but excluding such Optional Redemption Date or (ii) (in the case of an Optional Redemption Date falling on or after 16 April 2025) 100 per cent. of their principal amount together with any interest accrued to but excluding such Optional Redemption Date (collectively, the "Optional Redemption Price").

"Make Whole Amount" means, in respect of each Note at the relevant date fixed for redemption, the greater of (A) the principal amount of such Note and (B) the present value at such redemption date of (I) the principal amount of such Note on the Maturity Date, plus (II) all required remaining scheduled interest payments due on such Note through the Maturity Date (but excluding accrued and unpaid interest to the date fixed for redemption), computed using a discount rate equal to the Adjusted Treasury Rate plus 50 basis points (all as determined by the Independent Investment Bank);

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