Sealand Securities issues 1.5 bn yuan corporate bonds to professional investors

Sealand Securities will issue onshore corporate bonds (tranche III) to professional investors on October 14, 2025, with a total value of up to 1.5 billion yuan. The bonds will have a fixed interest rate and a term of 367 days, maturing on October 16, 2026. This issuance follows regulatory approval for up to 10 billion yuan in corporate bonds for professional investors. Sealand Securities aims to utilize the proceeds from this bond issuance to replace funds used to repay outstanding "22 Guohai 02" bonds.

The bonds are rated AAA by China Chengxin International Credit Rating, reflecting strong safety. The issuance is exclusively for professional institutional investors with an A-share securities account in Shenzhen. This strategy aligns with the company’s focus on leveraging capital markets for funding and optimizing its debt structure.

The company will issue a prospectus, an issuance announcement, and a credit rating report on October 9, 2025. Final interest rates will be determined on October 13, 2025, after a book-building process. The issuance is expected to conclude on October 14, 2025, with listing on the Shenzhen Stock Exchange to follow.