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CSC Financial issues 4B yuan of bonds

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CSC Financial issues 4B yuan of bonds

CSC Financial Co. Ltd. raised 4 billion yuan by issuing bonds to qualified investors.

The three-year notes carry an annual coupon of 4.12%, according to a May 23 release.

The bonds were issued May 15.

As of May 23, US$1 was equivalent to 6.91 Chinese yuan.