Published on 2/27/2017 in the Prospect News Emerging Markets Daily.
New Issue: China Galaxy Securities sells RMB 5 billion of bonds in two tranches
By Marisa Wong
Morgantown, W.Va., Feb. 27 – China Galaxy Securities Co., Ltd. said it issued RMB 5 billion of corporate bonds on Monday.
The company sold RMB 2.5 billion of 4.65% two-year bonds and RMB 2.5 billion of 4.6% nine-month bonds.
Proceeds will be used to supplement working capital.
The brokerage is based in Beijing.
| Issuer: | China Galaxy Securities Co., Ltd.
|
| Issue: | Corporate bonds, 2017 first tranche
|
| Amount: | RMB 5 billion
|
| Maturity: | Two years for RMB 2.5 billion, nine months for RMB 2.5 billion
|
| Coupon: | 4.65% for two-year bonds, 4.6% for nine-month bonds
|
| Settlement date: | Feb. 27
|
|
|
|
|
© 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.
