GF Securities to list subordinated bonds on SZSE

GF Securities Co., Ltd. (SZSE:000776) has announced that its 2025 public offering of subordinated bonds (second phase) will be listed on the Shenzhen Stock Exchange (SZSE) starting May 29, 2025. The bonds, aimed at professional investors, will be traded via matching, clicking, inquiry, competitive bidding, and negotiated transactions. This offering is named "25广发C3" with bond code 524265. The bonds have a credit rating of AAA. The total issue amounts to CNY2 billion, with a term of 3 years and an annual interest rate of 1.95%. Interest will be paid annually. The issue dates were May 21-22, 2025, with the interest start date on May 22, 2025. The maturity date is set for May 22, 2028, with a par value of CNY100 per bond and an opening reference price of CNY100 per bond.