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Huatai Securities Co Ltd Announces Details for Issuance Result of FY 2013 Corporate Bonds


Monday, 15 Jul 2013 08:00pm EDT 

Huatai Securities Co Ltd announced that it has completed the issuance of RMB 10 billion worth of corporate bonds for fiscal year 2013, each with par value and an issue price of RMB 100. RMB 4 billion worth of bonds is with a term of five years and a coupon rate of 4.68%, and the remaining RMB 6 billion is with a term of ten years and a coupon rate of 5.10%. The interest will be paid on June 5 from 2014 to 2018 and from 2014 to 2023, respectively. GF Securities Co., Ltd served as the main underwriter. The proceeds will be used for business operation.