China Galaxy Securities Sells 2 Billion Yuan of Commercial Paper

MT Newswires Live

2024/11/20

China Galaxy Securities or CGS (HKG:6881) completed the issue of 2 billion yuan of short-term commercial paper on Wednesday, a same-day bourse filing said.

The commercial paper has a term of 92 days and carries a coupon rate of 1.89%.

The brokerage and investment bank will use the proceeds to supplement its working capital.

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