Guosen Securities gets nod for $28bn bond issuance

Guosen Securities announced today that it has received a "No Objection Letter" from the Shenzhen Stock Exchange (SZSE) regarding its non-public issuance of corporate bonds. The issuance, targeting professional investors, will have a total face value not exceeding RMB 200 billion (approximately $28 billion USD). The bonds are slated to be issued in 2025. The "No Objection Letter" confirms that the bonds meet the listing conditions of the SZSE and is valid for 12 months from the date of issuance. Guosen Securities stated it will proceed with the bond issuance in accordance with relevant laws, regulations, and the requirements outlined in the "No Objection Letter," while also ensuring timely information disclosure.