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Guotai Junan gets approval for RMB 7 billion six-year convertibles
By Marisa Wong
Morgantown, W.Va., June 1 – Guotai Junan Securities Co., Ltd. plans to issue RMB 7 billion of six-year A-share convertible corporate bonds, according to a notice.
The China Securities Regulatory Commission approved the proposed issuance on Thursday. The approval is valid for six months.
The investment bank is based in Shanghai.
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