Shanxi Securities sets 2.30% coupon rate for first tranche of 2025 bonds

Shanxi Securities Co., Ltd. has announced a coupon rate of 2.30% for its 2025 public issuance of subordinated bonds (Tranche 1) to professional investors. This rate was determined following a book-building process and negotiation between the issuer and lead underwriters on September 9, 2025.

The Tranche 1 bonds have a three-year term, and the issuance size will not exceed RMB1 bn. The total public offering of subordinated company bonds by Shanxi Securities will not exceed RMB4 bn, as approved by the China Securities Regulatory Commission.

The subscription period for the bonds will commence from September 10, 2025, and conclude on September 11, 2025. Further details regarding the subscription methods are available on the websites of the Shenzhen Stock Exchange and Cninfo.