China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
China Industrial Securities International Financial Group Ltd. has launched a Structured Note Programme, allowing issuance of notes up to US$1 billion to professional investors, with no public offering in any jurisdiction. The flexible program is designed for capital management and funding purposes, with the proceeds aimed at acquisitions, hedging, and general funding. The company emphasizes that drawdowns from the program will be subject to market conditions and its funding needs, indicating no current plans to issue the full amount.
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