CITIC Securities' (SHA:600030, HKG:6030) indirectly owned unit, CSI MTN, will receive a guarantee of $5.5 million for the issuance of bonds of the same amount, according to a Shanghai bourse filing late Thursday.
The securities company's subsidiary and direct parent of CSI MTN, CITIC Securities International, will provide the guarantee.
The issuance is under the company's overseas medium-term note program.