GF Securities (01776) issued an announcement that the public offering of GF Securities Co., Ltd. will not exceed RMB 20 billion...
According to Zhitong Finance App, GF Securities (01776) announced that the public issuance of corporate bonds not exceeding RMB 20 billion by GF Securities Co., Ltd. has obtained the China Securities Regulatory Commission's Securities Regulatory License (2023) No. 479. According to the “Notice on the Public Issuance of Corporate Bonds by GF Securities Co., Ltd. 2024 to Professional Investors (Third Issue)”, GF Securities Co., Ltd. will issue no more than 2.9 billion yuan (inclusive) of corporate bonds to professional investors in 2024, with an issue price of 100 yuan each. It is distributed through offline inquiries and placement with professional institutional investors.
The current bond issue period is from April 22, 2024 to April 23, 2024. The issuance period is 3 years, the final issuance scale is 2.9 billion yuan, the final coupon interest rate is 2.30%, and the subscription ratio is 2.66 times.
Among them, Minsheng Bank Co., Ltd. and Wells Fargo Fund Management Co., Ltd., which are related parties to the lead underwriter Haitong Securities Co., Ltd., participated in the subscription of the current bond, and the final allocation amount was 240 million yuan. The quotation and procedures all complied with the relevant laws and regulations. The issuer's directors, supervisors, senior management, shareholders holding more than 5% of the shares, and other related parties did not participate in the subscription of the current bond.