CGS Completes RMB3.00 Billion 2026 10th-Tranche Short-Term Commercial Paper at 1.53% Coupon
Bulletin Express
Jul 28
China Galaxy Securities Co., Ltd. (CGS) has finalized the issuance of its 2026 10th tranche of short-term commercial paper on 28 July 2026.
The debt instrument totals RMB3.00 billion, issued at a nominal value and price of RMB100 per unit. The paper carries a 359-day tenor and a final coupon rate of 1.53%.
Board authorization for the transaction stems from a resolution passed at the company’s first extraordinary general meeting of 17 February 2025, which permitted the issuance of debt financing instruments up to 350% of CGS’s latest audited net assets.
Proceeds from this tranche will be allocated to supplement the firm’s working capital.
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