CISI Financial Proposes Issue of Subordinated Perpetual Securities

Stock News
Nov 13

CISI Financial (06058) has announced that on 13 November 2026, the company, as issuer, entered into a subscription agreement with Industrial Securities (Hong Kong), as subscriber, under which Industrial Securities (Hong Kong) will subscribe for HK$690 million in principal amount of subordinated perpetual securities to be issued by the company.

The perpetual securities will be issued pursuant to a securities instrument dated 13 November 2026, which the company will sign on or around 13 November 2026. The estimated net proceeds from the issue, after deducting estimated fees and expenses, will be approximately HK$689.7 million. The company intends to use the net proceeds from the issue to repay short-term bank loans.

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