March 8, 2017 / 8:25 AM / 4 months ago

BRIEF-China Merchants Securities issues 2017 1st tranche subordinated bonds worth 4 bln yuan

1 Min Read

March 8 (Reuters) - China Merchants Securities Co Ltd :

* Says it issued 4 billion yuan worth of 2017 1st tranche perpetual subordinated bonds, each with a par value of 100 yuan and annual interest rate of 5.18 percent

* Says the bonds are with a term of 5+N and value date is Feb. 17

* Listing date is March 7

Source text in Chinese: goo.gl/TG6jnn

Further company coverage: (Beijing Headline News)

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