By Marisa Wong
Madison, Wis., March 24 – China Galaxy Securities Co., Ltd. said it issued RMB 3 billion of one-year bonds on Tuesday.
The 5.4% bonds were priced at par of RMB 100.
This is China Galaxy’s first tranche of short-term corporate bonds for 2015.
Proceeds will be used to supplement working capital.
The brokerage is based in Beijing.
Issuer: | China Galaxy Securities Co., Ltd.
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Issue: | Short-term corporate bonds, 2015 first tranche
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Amount: | RMB 3 billion
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Maturity: | One year
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Coupon: | 5.4%
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Price: | Par of RMB 100
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Yield: | 5.4%
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Settlement date: | March 24
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