GF SEC (01776) announced the public issuance of short-term corporate bonds (third tranche) targeting professional investors in 2025.

GF SEC (01776) announced that on October 23, 2023, it received approval from the China Securities Regulatory Commission for the public issuance of short-term corporate bonds to professional investors, with a total face value not exceeding 20 billion yuan, under the registration number of CJRC permit [2023] 2404. This bond issuance will be carried out in stages. As of the date of this announcement, the issuer has issued a total of 46 billion yuan of public short-term corporate bonds under the approval, with 29 billion yuan already repaid, leaving a total outstanding amount of 17 billion yuan. This issuance is the twelfth under the registered approval, with a total issuance size not exceeding 3 billion yuan. After the issuance of this short-term corporate bond, the issuer's total outstanding amount under the registration will not exceed 20 billion yuan. The total issuance size of this bond is not more than 3 billion yuan, with a face value of 100 yuan per unit and a total of 30 million units. The issuance price is 100 yuan per unit. The term of this bond is 187 days. The inquiry range for the interest rate of this bond is 1.50% - 2.50%. The issuer and lead underwriter will conduct an interest rate inquiry with investors on March 5, 2025 (T-1 day), and the final coupon rate of this bond will be determined based on the results of the inquiry.