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China Galaxy to redeem all RMB 4 billion sixth tranche bonds
By Marisa Wong
Morgantown, W.Va., Sept. 10 – China Galaxy Securities Co., Ltd. said it has decided to redeem in full its 2014 sixth tranche subordinated bonds.
The 2014 sixth tranche bonds were issued on Oct. 30, 2014 with a term of three years and an option to call the bonds or increase the coupon rate after one year.
The Beijing brokerage had issued RMB 4 billion of the bonds.
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