Asia
Northeast Securities Sets Coupon Rate for First Tranche of Perpetual Subordinated Corporate Bonds
Northeast Securities' (SHE:000686) final coupon rate for its first tranche of perpetual subordinated corporate bonds worth 3 billion yuan is 2.4%, according to a Tuesday after-hours filing with the Shenzhen bourse.The China Securities Regulatory Commission approved the issuance of perpetual subordinated corporate bonds of up to 5 billion yuan.Shares closed 2% lower on Wednesday.
SHE:000686
