China’s Orient Securities eyes RMB 10 billion offshore debt financing

By Marisa Wong

Morgantown, W.Va., Aug. 15 – Orient Securities Co., Ltd. (DFZQ) is proposing to issue up to RMB 10 billion of offshore debt financing instruments, according to a company announcement.

The instruments will have terms of up to 10 years and may be denominated in dollars, offshore renminbi or other currencies.

The proposed issuance is subject to shareholders’ approval at an upcoming general meeting.

The company is an investment bank and brokerage firm based in Shanghai.

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