Lufax agrees to pay USD 29.38 million to extend maturity of Ping An-held debt by one year
LU•Debt maturity extended by one year
Lufax entered an amendment and supplemental agreement to extend Ping An Overseas Holdings Convertible Promissory Notes maturity to Oct. 8, 2027.
The extension covers US$507.99 million outstanding principal; the coupon stays 0.7375% per year, paid semi-annually.
The company will pay US$29.38 million on Oct. 8, 2026; the amount reflects valuation-implied fair value of about US$478.61 million.
