000776SZSE
🚨 Material Event

Announcement on the Public Issuance of Subordinated Bonds (Phase II) by GF Securities Co., Ltd. for Professional Investors in 2026

GF Securities Co., Ltd.··24 pages

✨ AI Summary

GF Securities Co., Ltd. has received approval to publicly issue subordinated bonds worth up to RMB 20 billion, with a bond code of "524834." The bonds will be issued exclusively to institutional professional investors, with a fixed interest rate determined through a pricing inquiry process. The issuance is expected to enhance the company's financial stability and support debt repayment.

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Full Translation

AI Translation· azure_openai

Basic Information on the Bond Issuance

Basic Terms of the Bond

  1. Issuer: GF Securities Co., Ltd.
  2. Bond Name: GF Securities Co., Ltd. Public Issuance of Subordinated Bonds for Professional Investors in 2026 (Phase II).
  3. Bond Abbreviation and Code: The bond is abbreviated as "26 GF C2," with the bond code "524834."
  4. Issuance Scale: The issuance scale of this bond will not exceed RMB 16.7 billion (inclusive).
  5. Bond Face Value: The face value of this bond is RMB 100.
  6. Bond Term: The term of this bond is 3 years.
  7. Bond Rate and Determination Method: The bond will have a fixed interest rate, which will be determined through a pricing inquiry based on the results of the book-building process.
  8. Issuance Price: The bond will be issued at par value.
  9. Credit Enhancement Measures: This bond is an unsecured bond.
  10. Bond Form: The bond will be a registered corporate bond.
  11. Issuance Method: The bond will be publicly issued to professional institutional investors through a book-building process.
  12. Issuance Target: The bond will be issued to professional institutional investors that meet the relevant regulations.
  13. Priority Placement for Shareholders: This bond will not be preferentially placed to the company's shareholders.
  14. Underwriting Method: The bond will be underwritten by the lead underwriter, Orient Securities Co., Ltd., using a residual underwriting method.
  15. Interest Start Date: The interest start date for this bond is June 4, 2026.
  16. Payment and Interest Record Date: This will be executed according to the relevant regulations of the Shenzhen Stock Exchange and the securities registration agency.
  17. Interest Payment and Redemption Method: The bond will pay interest annually and repay the principal at maturity.
  18. Interest Payment Da

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