Zhi Tong Cai Jing·2025-10-21 10:03Core Viewpoint - CITIC Securities announced the establishment of an offshore medium-term note program with a maximum principal amount of up to $4 billion, aimed at multiple note issuances [1] Group 1: Company Actions - CITIC Securities' wholly-owned subsidiary, CITIC Securities International, is the guarantor for the program [1] - The issuer, CSCIF Hong Kong Limited, completed a note issuance under this program on October 21, 2025, with a principal amount of RMB 260 million and a term of 59 days [1] - A guarantee agreement was signed on October 21, 2025, with HSBC as the trustee, providing an unconditional and irrevocable joint liability guarantee for the issuer's payment obligations [1] Group 2: Financial Details - The guarantee amount for this issuance is RMB 261 million, with no counter-guarantee involved [1] - After this note issuance, the total guarantee balance provided by the guarantor to the issuer amounts to RMB 10.53 billion, including this guarantee [1]