On October 17, Gelonhui, GF Securities (01776.HK) announced that GF Securities Co., Ltd. (hereinafter referred to as the "issuer") has obtained the approval of the China Securities Regulatory Commission to publicly issue short-term corporate bonds with a face value balance not exceeding 20 billion yuan (inclusive) to professional institutions, as stated in the document No. [2023] 2404. GF Securities Co., Ltd. plans to publicly issue short-term corporate bonds (sixth tranche) for professional investors in 2024 with a planned issuance size not exceeding 8 billion yuan (inclusive).
On October 17, 2024, the issuer and lead underwriter conducted face-to-face inquiries with professional institutional investors for two varieties, with an inquiry range of 1.50%-2.50% for variety one and 1.50%-2.50% for variety two. Based on the inquiry results from professional institutional investors, the issuer, along with the bookrunner, negotiated and agreed within the interest rate inquiry range as per relevant regulations. Finally, the face interest rate for variety one of this tranche (bond abbreviation: "24 GuangD12", bond code: 148950) was determined to be 1.95%; and for variety two (bond abbreviation: "24 GuangD13", bond code: 148951) the face interest rate was set at 1.95%.
