Essence Securities Co. Ltd. plans to issue up to 2 billion Chinese yuan worth of subordinated bonds.
The bond will carry a two-year maturity, according to a March 19 statement.
As of March 19, US$1 was equivalent to 6.33 Chinese yuan.
Essence Securities to issue up to 2B yuan of debt
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Essence Securities Co. Ltd. plans to issue up to 2 billion Chinese yuan worth of subordinated bonds.
The bond will carry a two-year maturity, according to a March 19 statement.
As of March 19, US$1 was equivalent to 6.33 Chinese yuan.