Press Release
JPMFC acted as the sole lead underwriter on RMB 600 million commercial paper for First Capital Securities Co. Ltd.
2013-03-12
RMB 600 million 91-day Commercial Paper offering for First Capital Securities Co. Ltd. was successfully completed on 7th Mar 2013. The offering yield was 4.0% (AA/A-1). J.P. Morgan First Capital (JPMFC) acted as the sole lead underwriter in this transaction.
This is the first commercial paper of securities companies deal led by JPMFC. This offering signifies a key breakthrough for JPMFC in the commercial paper business.