China Galaxy Securities or CGS (HKG:6881, SHA:601881) completed the issue of 4 billion yuan of a short-term commercial paper on Monday, a same-day bourse filing said.
The commercial paper has a 183-day term and carries a final coupon rate of 2.08%.
The securities broker will use proceeds from the issue to supplement working capital.
Both Hong Kong- and China-listed shares of the firm closed over 4% lower on Monday.
Price (HKD): $6.55, Change: $-0.29, Percent Change: -4.24%
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