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Published on 7/11/2017 in the Prospect News Emerging Markets Daily.

New Issue: China Galaxy Securities sells RMB 5 billion 4.55% three-year bonds

By Wendy Van Sickle

Columbus, Ohio, July 11 – China Galaxy Securities Co., Ltd. said it issued RMB 5 billion of three-year 4.55% corporate bonds on Tuesday.

The amount included the over-allotment option, according to a company notice.

Industrial Securities Co., Ltd. was the lead underwriter.

Proceeds will be used to replenish working capital.

The brokerage is based in Beijing.

Issuer:China Galaxy Securities Co., Ltd.
Issue:Corporate bonds, 2017 first tranche
Amount:RMB 5 billion
Coupon:4.55%
Settlement date:July 11

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