GF Securities Co., Ltd. (01776) announced that it recently received a notification from its shareholder holding more than 5% of its shares, Liaoning Chengda Co., Ltd. The non-public issuance of the second tranche of exchangeable corporate bonds by Liaoning Chengda, targeted at professional institutional investors, has been successfully completed. This tranche of exchangeable bonds, abbreviated as "25 Chengda E2" with the bond code "117247," has an issuance scale of RMB 1 billion. The bonds have a term of 3 years and a coupon rate of 0.01%, with an initial exchange price set at RMB 24.58 per share. The exchange period commences on the first trading day after the completion of a 6-month lock-up period following the issuance of these bonds and lasts until the trading day immediately preceding the maturity date, specifically from June 30, 2026, to December 28, 2028. Should the start date of the exchange period fall on a legal holiday or non-trading day, it will be postponed to the next subsequent trading day.
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GF Securities (01776) Shareholder Liaoning Chengda Completes Issuance of RMB 1 Billion Exchangeable Corporate Bonds
Stock News12-29 20:24
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