Western Securities (SHE:002673) plans to hold an offline interest rate inquiry for a 1.5 billion yuan bond on Wednesday, according to a Shenzhen bourse filing on Tuesday.
The securities company's shares slipped 1% at the close of Wednesday's trade.
The coupon rate will be decided between 1.20% and 2.20%.
The planned issuance is part of a two-year 18 billion yuan bond program.
Proceeds from the planned issuance will be used to supplement the company's working capital.
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