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China Merchants Securities: Approved to publicly issue corporate bonds of no more than 70 billion yuan

金色财经_
Golden Finance reported on July 6 that China Merchants Securities announced that the company has recently received from the China Securities Regulatory Commission the “Reply on Approving the Registration for China Merchants Securities Co., Ltd. to Publicly Issue Corporate Bonds to Professional Investors.” The CSRC has agreed to the company’s registration application to publicly issue to professional investors corporate bonds with a total face value of no more than 700 billion yuan. This issuance must be carried out strictly in accordance with the offering prospectus submitted to the Shanghai Stock Exchange. The approval is valid for 24 months from the date on which it is granted, during which the company may issue the bonds in installments. (Jin10)
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