Gf Securities Issues RMB 5.8 Billion Corporate Bonds

Stock News05-11

Gf Securities (01776) has announced the issuance details for its 2026 corporate bonds (third tranche) targeted at professional investors. The subscription period is set from May 8, 2026, to May 11, 2026.

The issuance comprises two series. Series one has a term of 3 years, with a final issuance scale of RMB 3.64 billion. The final coupon rate for this series is 1.74%, and it was oversubscribed by 2.43 times. Series two has a term of 5 years, with a final issuance scale of RMB 2.16 billion. The final coupon rate for this series is 1.86%, and it was oversubscribed by 2.61 times.

The total proceeds from this bond issuance amount to RMB 5.8 billion. The funds are allocated as follows: RMB 2.7 billion will be used to repay the "21 Gf 06" bond, RMB 980 million to repay "23 Gf C1", RMB 1.0 billion to repay "21 Gf Y1", and RMB 1.12 billion to repay "21 Gf 11".

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