Huatai Securities (06886) completed the issuance of 1.9 billion yuan of perpetual subordinated bonds

Zhitong Finance App News, Huatai Securities (06886) issued an announcement that Huatai Securities Co., Ltd. (hereinafter referred to as the “issuer”) publicly issued perpetual subordinated bonds with a total face value of not more than RMB 20 billion (hereinafter referred to as “this bond”) to professional investors. On November 13, 2025, the China Securities Regulatory Commission issued the “Approval to Register Perpetual Subsidiary Company Bonds” (Securities Regulatory License [2025] No. 2513).

According to the “2026 Issuance Notice of Huatai Securities Co., Ltd. Perpetual Subprime Bonds to Professional Investors (Second Issue)”, Huatai Securities Co., Ltd. will publicly issue perpetual subordinated bonds (the second installment) (hereinafter referred to as “current bonds”) to professional investors in 2026. The basic term of the current bond is 5 years, with 1 repricing cycle every 5 interest-bearing years. At the end of each repricing cycle, the company has the right to choose to extend the term of the current bond by 1 repricing cycle (that is, continue for 5 years) or pay the current bond in full. The coupon interest rate inquiry range for this issue is 1.3%-2.3%. The issue price is 100 yuan each, and the issue is issued in the form of a public offering to professional institutional investors.

The issuance of this issue ended on September 21, 2026. The final issuance scale of the current bond was 1.9 billion yuan, the coupon interest rate was 1.85%, and the subscription ratio was 4.77 times.