First Capital Securities (SHE:002797) is issuing up to 500 million yuan in three-year corporate bonds to mainly fund innovation ventures and to supplement liquidity.
The bonds are priced at par and will mature June 12, 2028, according to a Tuesday filing with the Shenzhen bourse.
First Capital Securities Underwriting & Sponsorship serves as lead underwriter.
Shares of the securities company rose 2% in recent trade.
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