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Published on 4/29/2015 in the Prospect News Emerging Markets Daily.

New Issue: China Galaxy Securities issues RMB 2 billion 5.2% one-year bonds

By Marisa Wong

Madison, Wis., April 29 – China Galaxy Securities Co., Ltd. said it issued RMB 2 billion of one-year bonds on Wednesday.

The 5.2% bonds were priced at par of RMB 100.

This is China Galaxy’s second 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.
Issue:Short-term corporate bonds, 2015 second tranche
Amount:RMB 2 billion
Maturity:One year
Coupon:5.2%
Price:Par of RMB 100
Yield:5.2%
Settlement date:April 29

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