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Haitong Securities Co Ltd to Issue FY 2013 First Tranche Corporate Bonds


Wednesday, 20 Nov 2013 07:00pm EST 

Haitong Securities Co Ltd announced that it has resolved to issue RMB 12 billion fiscal year 2013 first tranche corporate bonds, each with a coupon value of RMB 100 and issuance price of RMB 100. The Company will be issuing the bonds for three types: RMB 7 billion with a term of three years, RMB 2 billion with a term of five years and RMB 3 billion with a term of 10 years. The interest rates will be decided later. CITIC Securities and Credit Suisse Founder Securities Limited will be the leading underwriters of the issue.