Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds up to RMB 20 billion, indicating a strategic move to enhance liquidity and financial stability [1] Group 1: Bond Issuance Details - The company plans to issue a total of RMB 30 billion in bonds under the third phase for professional investors, with a maturity period of 3 years from August 7, 2025, to August 7, 2028 [1] - The coupon rate for the bonds is set at 1.80%, with a face value of RMB 100 [1] - The issuance period for these bonds is scheduled from August 25, 2025, to August 26, 2025, with a final issuance amount of RMB 800 million and a final price of RMB 99.809 [1] Group 2: Subscription and Use of Proceeds - The subscription multiple for the bonds was recorded at 2.51 times, indicating strong investor interest [1] - The funds raised from this bond issuance will be entirely allocated to supplement the company's working capital [1]
广发证券完成发行8亿元公司债券