CITIC SEC Receives Regulatory Approval for Bond Issuance to Professional Investors
Stock News
Feb 26
CITIC SEC (06030) has announced that the company recently obtained approval from the China Securities Regulatory Commission for the public issuance of corporate bonds to professional investors. According to the approval document, the company is authorized to issue corporate bonds with a total face value of up to 80 billion yuan to qualified institutional investors. This approval remains valid for 24 months from the date of issuance, during which the company may conduct the bond offering in multiple tranches.
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