China Galaxy Securities completes 2024 corporate bond issuance

China Galaxy Securities Co., Ltd. (HKEX: 6881) announced the completion of its public issuance (follow-on offering) of 2024 corporate bonds (first tranche) (type 1) on June 20, 2025. The issuance, aimed at professional investors, generated proceeds through the issue of bonds worth RMB2 billion, priced at RMB102.349 each, bearing a coupon rate of 2.15%. These bonds have a three-year term, dating back to October 17, 2024. The company intends to allocate these funds to repay matured corporate bonds and to boost its working capital. Underwriters, including China CITIC Bank Corporation Limited and Guosen Securities Co., Ltd., participated in the subscription, allocating RMB100 million and RMB140 million respectively.