China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
China Industrial Securities International Financial Group Ltd. has completed the open market disposal of US$10 million worth of bonds at a slightly lower valuation of approximately US$9.93 million. The transaction is a discloseable event according to the Listing Rules, as it surpasses the 5% significance threshold but does not require shareholder approval. This strategic move involves bonds backed by a Standby Letter of Credit from the Bank of Jiujiang, with a maturity date set for May 4, 2027, and an annual fixed interest rate of 7%.
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