CITIC Securities' (SHA:600030, HKG:6030) affiliate, CSI MTN, issued overseas bonds worth $11.5 million, according to a Shanghai bourse filing on Tuesday.
The issuance is part of a medium-term bond program launched in 2022. CSI MTN is a special purpose vehicle established for the issuance of overseas bonds.
The securities company's subsidiary, CITIC Securities International, guaranteed to amount of the bonds.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.