CSC Financial's (SHA:601066, HKG:6066) indirectly-owned subsidiary, CSCIF Hong Kong, will receive a guarantee worth 800 million yuan after issuing medium-term bonds of the same amount, according to a Shanghai bourse filing on Thursday.
CSC International Financial Holding, CSCIF Hong Kong's direct controller, guaranteed the amount.
The guarantee is part of a $4 billion medium-term bond program that was launched in April 2024.
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