By Wendy Van Sickle
Columbus, Ohio, Jan. 21 – China Galaxy Securities Co., Ltd. issued RMB 5 billion of corporate bonds, the first tranche of 2021, in two types on Thursday, according to a notice.
The first type has an issue size of RMB 1.8 billion, a coupon of 3.24% and a term of two years.
The second type has an issue size of RMB 3.2 billion, a coupon of 3.58% and a term of three years.
Proceeds will be used to replenish working capital or repay debt.
The brokerage is based in Beijing.
| Issuer: | China Galaxy Securities Co., Ltd.
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| Issue: | Corporate bonds
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| Amount: | RMB 5 billion
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| Settlement date: | Jan. 21
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|
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| Type 1
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| Amount: | RMB 1.8 billion
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| Tenor: | Two years
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| Coupon: | 3.24%
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|
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| Type 2
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| Amount: | RMB 3.2 billion
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| Tenor: | Three years
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| Coupon: | 3.58%
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