Orient Securities subsidiary launches $300m bond offering

Orient ZhiSheng Limited, an indirect wholly-owned subsidiary of Orient Securities (DFZQ), is issuing $300,000,000 Floating Rate Guaranteed Bonds due 2028 with an issue price of 100.00 per cent. The bonds will bear interest at a rate equal to the Compounded SOFR Index plus 0.59 per cent per annum. Proceeds from the offering will refinance existing medium- to long-term bonds due October 2025. The Guarantor, DFZQ, has ratings of "Baa2" by Moody's and "BBB-" by S&P, both with a stable outlook.

As of June 30, 2025, Orient Securities reported total assets of RMB437.36 billion, a 4.70% increase since December 31, 2024. For the six months ended June 30, 2025, total revenue, other income, and net gains amounted to RMB12.32 billion, with a profit of RMB3.46 billion. The company maintains a strong capital base and is subject to PRC and Hong Kong regulatory requirements.