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Guosen Securities raises 1.3B yuan via bonds

Guosen Securities Co. Ltd. issued 1.3 billion Chinese yuan of two-year bonds in a private placement.

The bonds carry a 5.45% coupon. The issuance was completed Dec. 6, according to a Dec. 19 filing.

As of Dec. 19, US$1 was equivalent to 6.60 Chinese yuan.