Ying Feng Group successfully issued the first single short-term financing certificate of Guangdong province CRMW issued 700 million yuan.

Released time:2018-11-13Pageviews:29797

On November 6, 18 Yingfeng CP001 with Yingfeng Group as the main issuer was successfully issued, and 18 ICBC CRMW001 with Yingfeng Group as the target credit risk mitigation certificate was successfully issued. This is the first private short-term financing bond CRMW in Guangdong Province, and the first CRMW project implemented by ICBC since the People's Bank of China guided the establishment of a "private enterprise bond financing support tool".

18 Ying Feng CP001 debt issue amount of 700 million yuan, product term 365 days, coupon interest rate 5.80%. The issue has attracted wide attention. Kuang Guangxiong, Vice President of Yingfeng Group, said in an interview with the media that the issue was efficient, low cost and strong support. It took only four working days to realize the networking, reflecting the positive response of ICBC to the call of the state, which has a demonstration significance for supporting the development of private enterprises.

Credit risk mitigation certificate is equivalent to providing insurance for issuer's bond payment and escorting enterprise's bond issuance. This time, ICBC selected Yingfeng Group as the first high-quality cooperative enterprise of CRMW project, which is a high recognition of Yingfeng's comprehensive strength.