CISI Fin Unit Disposes of $7 Million of Bonds

MT Newswires Live07-31

China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment sold $7 million of certain bonds issued by China Cinda (2020) I Management in the open market, a Tuesday bourse filing said.

The bonds, which were sold on July 17 and Monday, July 29, have a per annum interest rate of 5.5% and are due to mature on Jan. 23, 2030.

The securities broker will use proceeds from the sale for general working capital and potential investment opportunities in the future.

China Cinda (2020) I Management is a unit of China Cinda Asset Management (HKG:1359).

Shares of China Industrial Securities International Financial Group were up 2% in recent trade.

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