CSC Financial Provides $100 Million Guarantee for Subsidiary's Bond Issue

MT Newswires Live11-15 10:37

Securities company CSC Financial (SHA:601066, HKG:6066) agreed to provide a $100 million guarantee for subsidiary CSCIF Hong Kong's bond issuance.

CSCIF Hong Kong on Wednesday issued $100 million in three-year bonds, according to a Thursday filing with the Shanghai Stock Exchange.

Shares of CSC Financial were down 1% in recent trade in Shanghai.

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