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Huatai Securities Co Ltd to Issue FY 2013 Corporate Bonds

Sunday, 2 Jun 2013 08:00pm EDT 

Huatai Securities Co Ltd announced that it will issue RMB 10 billion worth of unsecured corporate bonds for fiscal year 2013, each with par value and an issue price of RMB 100. RMB 4 billion worth of bonds will be with a term of five years and a coupon rate ranging from 4.30% to 4.90%, and the remaining part will be with a term of ten years and a coupon rate ranging from 4.70% to 5.30%. The interest will be paid on June 5 from 2014 to 2018 and from 2014 to 2023, respectively. GF Securities Co., Ltd will serve as the main underwriter.