Shenwan Hongyuan Issues 4 Billion Yuan Bonds

MT Newswires Live

06/08

Shenwan Hongyuan (SHE:000166, HKG:6806), through subsidiary Shenwan Hongyuan Securities, issued two tranches of bonds amounting to 4 billion yuan on May 27, according to a Shenzhen bourse filing on Saturday.

The securities firm's Hong Kong shares slipped 1% during Monday's morning trade.

The first tranche was worth 1 billion yuan, has a coupon rate of 1.54% and a term of 17 months.

The second tranche amounted to 3 billion yuan, has a coupon rate of 1.60% and a term of 25 months.

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