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Guotai Junan Securities to issue up to 5.9B yuan of bonds

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Guotai Junan Securities to issue up to 5.9B yuan of bonds

Guotai Junan Securities Co. Ltd. obtained regulatory approval to issue up to 5.9 billion yuan of corporate bonds to qualified investors.

The Chinese company will offer the bonds in multiple tranches.

As of Jan. 8, US$1 was equivalent to 6.85 Chinese yuan.