Published on 5/24/2018 in the Prospect News Emerging Markets Daily.
New Issue: China Galaxy Securities sells RMB 5.5 billion 5.38% two-year bonds
By Marisa Wong
Morgantown, W.Va., May 24 – China Galaxy Securities Co., Ltd. announced it issued RMB 5.5 billion of 5.38% two-year subordinated bonds at par on Thursday.
Proceeds from these 2018 second tranche bonds will be used to supplement working capital.
The brokerage is based in Beijing.
Issuer: | China Galaxy Securities Co., Ltd.
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Issue: | Subordinated bonds, 2018 second tranche
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Amount: | RMB 5.5 billion
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Maturity: | Two years
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Coupon: | 5.38%
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Price: | Par
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Yield: | 5.38%
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Settlement date: | May 24
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