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China Galaxy Securities Sells 3 Billion Yuan of Commercial Paper

MT Newswires Live02-12

China Galaxy Securities or CGS (HKG:6881) completed the issue of 3 billion yuan of short-term commercial paper, a Wednesday Hong Kong bourse filing said.

The commercial paper has a final coupon rate of 1.81% and will mature in 91 days.

The securities broker will use proceeds from the issue to supplement working capital.

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