By Marisa Wong
Morgantown, W.Va., Aug. 30 – China Galaxy Securities Co., Ltd. said it issued RMB 1.8 billion of 4.79% one-year bonds on Tuesday.
The one-year bonds were issued alongside RMB 1.93 billion of 4.79% nine-month bonds. Both types of bonds were issued as the company’s fourth tranche of corporate bonds for 2017.
Proceeds will be used to supplement working capital.
The brokerage is based in Beijing.
| Issuer: | China Galaxy Securities Co., Ltd.
|
| Issue: | Corporate bonds, 2017 fourth tranche
|
| Amount: | RMB 1.8 billion
|
| Maturity: | One year
|
| Coupon: | 4.79%
|
| Settlement date: | Aug. 29
|
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