CITIC Securities: Indirect subsidiary issues medium-term notes with a wholly owned subsidiary providing guarantees

2026-04-05 17:28:48

Jingjing AI Express: On the evening of April 2, China Galaxy Securities (SH 600030, closing price: 24.13 yuan) announced that its wholly owned overseas subsidiary, China Galaxy Securities International Co., Ltd. (hereinafter referred to as China Galaxy Securities International),’s affiliate CSI MTN Limited (hereinafter referred to as the issuer or the guaranteed party) established an offshore medium-term notes program on March 29, 2022 (hereinafter referred to as the MTN program). This MTN program is guaranteed by China Galaxy Securities International. Based on the maturity of the outstanding notes, and in light of the company’s actual needs for business development, the issuer issued a note under the MTN program on April 2, 2026, with a principal amount of USD 20 million. Pursuant to the Trust Deed signed by the issuer, China Galaxy Securities International, and Citigroup International Limited (as trustee), China Galaxy Securities International, as the guarantor, provides an unconditional and irrevocable guarantee security for the notes issued by the issuer under the MTN program. On April 2, 2026, the issuer issued a note under the MTN program with a principal amount of USD 20 million, which is guaranteed by China Galaxy Securities International. As of the date of disclosure of the announcement, the total amount of external guarantees provided by the company and its controlling subsidiaries was RMB 2083.34 billion, accounting for 65.12% of the company’s audited net assets in the most recent period.

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(Reporter: Zeng Jianhui)

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