GF SEC(01776): "24 Guangfa Y2" coupon rate is 2.50%

GF SEC (01776) announced that GF SEC Co., Ltd. (hereinafter referred to as the "Issuer") has obtained the registration of the China Securities Regulatory Commission Securities and Futures License [2022] No. 2895 for the public issuance of perpetual subordinated bonds not exceeding RMB 20 billion. GF SEC Co., Ltd. plans to issue perpetual subordinated bonds (second tranche) to professional investors in 2024, with a planned issuance size of not more than RMB 30 billion. On November 12, 2024, the issuer and lead underwriters conducted a pricing inquiry with professional institutional investors offline, with a pricing range of 2.00%-3.00%. Based on the pricing inquiry results with professional institutional investors offline, after thorough consultation and careful consideration, the issuer and lead underwriters finally determined the coupon rate of this tranche of bonds (Bond name: 24 GF Y2, Bond code: 148942) as 2.50%. The issuer will issue this tranche of bonds offline to professional institutional investors at the above-mentioned coupon rate from November 13, 2024 to November 14, 2024.