China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment acquired $16 million of certain perpetual securities for $17.4 million, a Friday bourse filing showed.
The securities make up part of an issue of $750 million 8.2% fixed rate resetting securities issued by Mitsubishi UFJ Financial Group (TYO:8306).
The unit purchased the securities from the open market between June 15 and Oct. 21 for investment purposes.
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.