CITIC Securities subsidiary issues $28.80m notes fully guaranteed by wholly-owned entity
CSI MTN Limited, an indirect subsidiary of CITIC Securities through its wholly-owned entity CITIC Securities International Company Limited, has issued three tranches of medium-term notes totaling $28.80 million under its existing Medium-Term Note Program. The issuance, occurring on October 17 and 20, 2025, brings the total principal amount of outstanding notes under the program to $2.655 billion. CITIC Securities International has provided an unconditional and irrevocable guarantee for these notes.
The purpose of this issuance is to supplement the operating capital of the guarantor group. CSI MTN Limited, a special purpose vehicle (SPV) specifically established for offshore debt financing, maintains 100% control by CITIC Securities International, ensuring close oversight of its repayment capacity. The company's board and shareholders previously approved the framework for issuing domestic and overseas debt financing instruments.
As of the announcement date, the total external guarantees by CITIC Securities and its controlled subsidiaries amount to RMB 185.062 billion, representing 63.14% of the company's most recently audited net assets. All guarantees are provided by CITIC Securities or its controlled subsidiaries to their controlled subsidiaries, and there are no overdue guarantees.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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