CITIC Securities' Unit to Receive Guarantees for Overseas Medium-Term Bonds

MT Newswires Live05-18 15:30

CITIC Securities' (SHA:600030, HKG:6030) indirect unit, CSI MTN, will receive guarantees for overseas bonds it issued, according to a Shanghai bourse filing on Saturday.

The financial services provider's Hong Kong shares fell 2% during Monday's afternoon trade.

CSI MTN, the company's bond-issuing vehicle for offshore debt financing, issued medium-term bonds worth $35 million and HK$100 million.

The bonds are part of a medium-term bond program that was launched on March 29,2022.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment