CITIC SEC (06030) announced that its wholly-owned overseas subsidiary, CITIC Securities International Limited (CITIC Securities International), has provided a guarantee for the issuance of notes by its affiliate, CSI MTN Limited (the issuer or the guaranteed party).
On March 29, 2022, CSI MTN Limited established an offshore medium-term note (MTN) program, which is guaranteed by CITIC Securities International. In line with the maturity of existing notes and the company's business development needs, the issuer issued two tranches of notes under the MTN program on December 15 and 16, 2025, with amounts of $140 million and HK$180 million, respectively.
Following this issuance, the total outstanding principal amount of notes issued under the MTN program by the issuer amounts to $2.864 billion.
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