Core Viewpoint - The company announced the issuance of two tranches of medium-term notes totaling USD 670 million under its offshore medium-term note program, which is guaranteed by its wholly-owned subsidiary, CITIC Securities International Limited [1][2] Group 1 - The issuer, CSI MTN Limited, was established specifically for offshore debt financing and operates under the medium-term note program [2] - The funds raised from the issuance will be used to supplement the operating capital of the guarantor group [2] - The company maintains 100% control over CSI MTN Limited through CITIC Securities International, allowing it to monitor its debt repayment capacity effectively [2]

Core Viewpoint - CITIC Securities announced the issuance of two tranches of medium-term notes totaling $670 million under its offshore medium-term note program, aimed at supplementing the operating funds of its guarantor group [1] Group 1: Issuance Details - The medium-term note program was established on March 29, 2022, by CITIC Securities International's subsidiary, CSI MTN Limited, which is specifically set up for offshore debt financing [1] - The notes will be issued on January 20 and 21, 2026, with a total issuance amount of $670 million [1] Group 2: Purpose and Risk Management - The proceeds from the issuance will be used to enhance the operating funds of the guarantor group [1] - CSI MTN Limited is fully controlled by CITIC Securities International, allowing the company to monitor its debt repayment capacity effectively, ensuring that the guarantee risk remains manageable and does not harm the interests of the company and its shareholders [1]

Core Viewpoint - CITIC Securities International's subsidiary CSIMTN Limited issued USD 70 million in notes under its offshore medium-term note program, guaranteed by CITIC Securities International, increasing the total outstanding notes to USD 2.864 billion [1] Group 1: Issuance Details - The issuance of the notes is authorized by the company's shareholders' meeting [1] - CSIMTN Limited serves as the main entity for issuing notes for offshore debt financing, with CITIC Securities holding a 100% indirect stake through CITIC Securities International [1] Group 2: Financial Position - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is CNY 182.01 billion, which represents 62.10% of the most recent audited net assets [1] - There are no overdue guarantees, indicating that the guarantee risks are manageable and will not harm the interests of the company and its shareholders [1]

Group 1 - The company successfully withdrew its first offshore syndicated loan of $200 million on August 13, with a term of 3 years and an interest rate of SOFR + 0.98%, marking a new low for the province [1] - The financial team meticulously planned the loan process, including a promotional roadshow in Hong Kong and engaging strong international banks as lead arrangers and bookrunners, resulting in a 3.5 times oversubscription from 14 domestic and foreign banks [1][4] - The offshore syndicated loan will be used to refinance maturing US dollar bonds, optimizing the debt structure and providing stable support for the company's development [1]