E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/18/2022 in the Prospect News Emerging Markets Daily.

New Issue: China Galaxy issues RMB 4 billion two-, three-year corporate bonds

By Wendy Van Sickle

Columbus, Ohio, Jan. 18 – China Galaxy Securities Co., Ltd. said it issued RMB 4 billion of corporate bonds on in two parts, according to a notice.

The company sold RMB 1 billion of 2.97% two-year bonds and RMB 3 billion of 3.15% three-year bonds.

Proceeds will be used to replenish working capital or repay matured debts.

The issuer is a Beijing-based brokerage.

Issuer:China Galaxy Securities Co., Ltd.
Amount:RMB 4 billion
Issue:Corporate bonds
Settlement date:Jan. 18
Two-year bonds
Amount:RMB 1 billion
Maturity:Two years
Coupon:2.97%
Three-year bonds
Amount:RMB 3 billion
Maturity:Three years
Coupon:3.15%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.