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CISI Group’s $10M Bond Subscription Deal
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CISI Group’s $10M Bond Subscription Deal

China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.

China Industrial Securities International Financial Group Ltd., through its subsidiary CISI Investment, has subscribed to a bond offer for a total of US$10 million (approximately HK$78.5 million) after trading hours on May 30, 2024. The bonds, issued by Nanchang Jinkai Group Co. Ltd., are backed by a Standby Letter of Credit from Bank of Jiujiang Co. Ltd. and are set to mature on May 4, 2027, with a fixed interest rate of 7% per annum.

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