HTSC Completes Issuance of RMB3.3 Billion Perpetual Subordinated Bonds

Stock News10-22

HTSC announced that pursuant to the "Huatai Securities Co., Ltd. 2026 Public Issuance of Perpetual Subordinated Bonds (Third Tranche) to Professional Investors Offering Announcement," the base term of the Huatai Securities Co., Ltd. 2026 Public Issuance of Perpetual Subordinated Bonds (Third Tranche) (hereinafter referred to as the "Current Bonds") is 5 years, with each 5 interest accrual years constituting one repricing cycle. At the end of each repricing cycle, the company has the right to choose to extend the term of the Current Bonds by one repricing cycle (i.e., an extension of 5 years), or to redeem the Current Bonds in full.

The coupon rate inquiry range for the Current Bonds was 1.30%-2.30%, with an issuance price of RMB100 per bond, issued through public offering to professional institutional investors.

The issuance of the Current Bonds was completed on October 22, 2026. The final issuance size of the Current Bonds was RMB3.3 billion, with a coupon rate of 1.77% and a subscription multiple of 4.22 times.

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