Northeast Securities (SHE:000686) raised 2.02 billion yuan via an offering of perpetual subordinated bonds, falling short of the 3-billion-yuan target.
The coupon rate of the bonds is 2.40%, according to a Thursday filing with the Shenzhen bourse. Proceeds will be used for bond repayment and working capital.
Lead underwriter Great Wall Securities subscribed for 50 million yuan of the bonds.
Shares of the securities company closed 2% lower Friday.
United Overseas Bank (SGX:U11) filed for the listing of $150 million floating rate covered bonds due 2028 on the Singapore bourse, according to a filing with the Singapore Exchange on Friday.The bonds will be listed and quoted on the Bonds Market on or about July 27, the bank said.
Huatai Securities' (SHA:601688, HKG:6886) unit, Huatai International Finance, will receive guarantee worth $75 million for the issuance of two tranches of medium-term bonds, according to a Shanghai bourse filing on Friday.The bonds respectively amount to $55 million and $20 million.Another subsidiary of the Chinese securities company, Huatai International Financial Holding, will provide the guarantee.The issuance is part of a $3 billion offshore medium-term bond program that was launched in October 2020.The company's Shanghai and Hong Kong shares both fell 2% during the morning trade.
Fuyao Glass Industry (SHA:600660) raised 300 million yuan via the issue of three-year bonds carrying an interest rate of 1.68%.Proceeds will be used to repay bank borrowings, according to a Friday filing with the Shanghai bourse.Bank of China serves as lead underwriter, with Industrial Bank as joint lead underwriter.Shares of the automotive glass manufacturer slid 1% in recent trade.