CISI FIN (06058.HK) issues HKD 690m 3.0% perpetual securities
On 13 November 2026, CISI FIN (06058.HK) issued HKD 690 million 3.0% perpetual securities to its controlling shareholder at par, netting HKD 689.68 million.
Key Highlights:
- The HKD 690 million 3.0% subordinated perpetual securities were fully taken by controlling shareholder Industrial Securities (Hong Kong) at 100% of principal.
- The securities have no maturity date; the first reset date is 13 November 2031, resetting every five years at HIBOR plus 0.5%.
NewTimeSpace News: On 13 November 2026, China Industrial Securities International Financial Group Limited (stock code: 06058) said it agreed to issue HKD 690,000,000 3.0% subordinated perpetual securities to controlling shareholder Industrial Securities (Hong Kong) Financial Holdings Limited at 100% of principal. Issue and completion both fall on 13 November 2026, and estimated net proceeds of about HKD 689.68 million will repay short-term bank loans.
The securities have no maturity date. The first distribution rate is 3.0% per annum; the first reset date is 13 November 2031, with resets every five calendar years at HIBOR plus 0.5% or, failing HIBOR, the Hong Kong dollar prime rate less 2.25%.
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