Huatai Securities Issues $310 Million in Medium-Term Notes

MT Newswires Live

03/03

Huatai Securities (SHA:601688, HKG:6886) subsidiary Huatai International Finance issued six tranches of medium-term notes totaling $310 million.

Proceeds will be used to support business development and supplement daily working capital needs, according to a Tuesday filing with the Shanghai bourse.

The issuance was made under an existing $3 billion medium-term note program.

Shares of the securities company were down 1% in recent trade on the Shanghai bourse.

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