CISI Fin Unit Sells $10 Million Worth of Bonds

MT Newswires Live

02/27

China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment sold $10 million worth of bonds issued by JPMorgan Chase & Co. in the open market for around $9.2 million, a Wednesday filing with the Hong Kong bourse said.

The bonds carry a coupon rate of 2.956% and will fall due May 13, 2031.

The securities broker will use proceeds from the sale for general working capital or new potential investments.

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