GF Securities (01776) issued an announcement. On February 6, 2021, the company disclosed “About GF Holdings (Hong Kong...
Zhitong Finance App News, Guangfa Securities (01776) issued an announcement. On February 6, 2021, the company disclosed the “Notice Concerning the Issuance of Structured Notes by GF Holdings (Hong Kong) Limited, its wholly-owned subsidiary GF Global Capital Co., Ltd.” (“GF Holdings (Hong Kong)”), a wholly-owned subsidiary of the company, provides performance guarantees for its wholly-owned subsidiary Guangfa Global Capital Limited (“GF Global Capital”) of its wholly-owned subsidiary GF Global Capital Limited (“GF Global Capital”), to ensure a wide range Issuing Global Capital will execute the bill contract in accordance with the terms of the bill, and the guarantee amount is no more than 1 billion US dollars (or equivalent in other currency).
In order to meet business development needs, GF Global Capital plans to increase the total structured note issuance scale to no more than US$4 billion (or equivalent in other currencies). GF Holdings (Hong Kong) plans to provide performance guarantees for structured notes issued by its wholly-owned subsidiary GF Global Capital. The guarantee amount is no more than US$4 billion (or equivalent in other currencies).