EB Securities Receives Regulatory Approval for Private Placement of Short-Term Corporate Bonds

Stock News
Jun 09

EB Securities (HKG: 06178) has announced that it recently received a "No Objection Letter" from the Shanghai Stock Exchange regarding the listing and transfer of its privately placed short-term corporate bonds.

According to the letter, the company's proposed private placement of short-term corporate bonds, targeting professional investors with a total issuance size not exceeding RMB 10 billion, meets the SSE's listing and transfer conditions. The exchange has raised no objections to the listing and transfer of these bonds.

This no objection letter is valid for 12 months from its issuance date. Within this validity period and the approved quota, the company may issue the bonds in multiple tranches and proceed with the necessary listing and transfer procedures in a timely manner.

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