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China’s Haitong announces plans to offer dollar-denominated bonds
By Toni Weeks
San Luis Obispo, Calif., Jan. 21 – Haitong International Securities Group Ltd. plans to conduct an international offering of dollar-denominated bonds, according to a company announcement.
The Regulation S bonds will be issued through subsidiary Haitong International Finance 2015 Ltd. and guaranteed by the parent company.
The proceeds will be used primarily for general corporate purposes.
Completion of the proposed bond issuance is subject to, among other things, market conditions and investor interest, the announcement said.
The financial services company is based in Hong Kong.
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