CISI Fin Unit Disposes Of $15 Million Perpetual Securities

MT Newswires Live

06/16

China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment sold $15 million of certain perpetual securities for nearly the same consideration, according to a Tuesday Hong Kong bourse filing.

The securities, issued by China Huaneng Group (Hong Kong) Treasury Management and carrying a 4.15% per annum interest rate, were sold on the open market on June 12 and June 15.

The company will use proceeds from the sale for general working capital and potential investment opportunities.

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