智通财经网·2025-11-11 11:45Core Viewpoint - Huatai Securities has announced the issuance of its fifth tranche of subordinated bonds aimed at professional investors, with a total issuance cap of 5 billion yuan [1] Group 1: Bond Issuance Details - The bonds are divided into two varieties, with the first having a maturity of 3 years and the second a maturity of 5 years [1] - The final issuance scale for the first variety is 1.5 billion yuan with a coupon rate of 2.03% and a subscription multiple of 3.07 times [1] - The final issuance scale for the second variety is 1.1 billion yuan with a coupon rate of 2.20% and a subscription multiple of 2.94 times [1] Group 2: Issuance Mechanism - The bond issuance includes an inter-species allocation option, allowing the company to adjust the allocation based on subscription conditions without any limit on the allocation ratio [1] - The bonds were issued at a price of 100 yuan per bond, targeting professional institutional investors [1]