Guotai Haitong’s SPV issues Rmb2.3bn of medium-term notes in Hong Kong

Guotai Junan Holdings, the wholly owned offshore special purpose vehicle (SPV) of China’s Guotai Haitong Securities, has issued Rmb2.3 billion ($320 million) worth of three-year medium-term guaranteed notes, with a fixed coupon rate of 1.9%.