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Guosen Securities Triggers Interest Payments on Perpetual Subordinated Bondholders

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Guosen Securities (SHE:002736) triggered interest payment provisions across several tranches of its perpetual subordinated bonds following shareholder approval of an interim equity dividend, according to a Wednesday exchange filing, according to a Shenzhen bourse filing on Wednesday.

Under the terms of the perpetual bonds, the brokerage is prohibited from deferring coupon payments if it distributes dividends to shareholders or cuts its registered capital within the 12-month period preceding an interest payment date.

What else is happening in Treasury?

Treasury

Icelandic Holding Company Festi Issues ISK1 Billion Bill

Festi (FESTI.IC) issued a new six-month bill with a nominal value of 1 billion Icelandic kronur, according to a Tuesday release.The Icelandic holding company issued the bill at a flat interest rate of 8.65%, with settlement on Sept. 22.Festi plans to list the bill on Nasdaq Iceland's main market.

$FESTI.IC
Treasury

Vår Energi Prices Offering of Three Senior Notes

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$VAR.OL
Treasury

Guosen Securities to Pay Annual Interest on 3.8 Billion Yuan Bonds

Guosen Securities (SHE:002736) will pay the annual interest on its 3.8 billion yuan, three-year corporate bonds carrying a 1.96% coupon on Thursday.Pre-tax interest is set at 19.60 yuan per 10 bonds for the interest period running from Sept. 17, 2025, to Sept. 16, 2026, according to a Tuesday filing with the Shenzhen Stock Exchange.The payment will be distributed to bondholders as of the Sept. 16 record date.Shares of the securities company were down nearly 1% in recent trade.

SHE:002736