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Pay close attention to cost reduction and solidly promote capital management. China Building Materials Co., Ltd. bond issuance interest rate record low.

Release date:

2021-08-05

Author:

Source:

China Building Materials Group official micro

In 2021, CNBM will continue to adhere to the principle of soundness, continue to focus on reducing leverage, adjusting structure and reducing costs, and go all out to ensure the company's production and operation, so as to provide a strong financial basis for the high-quality development of CNBM and CNBM.

On August 3, China Building Materials Co., Ltd. successfully issued 2 billion yuan renewable corporate bonds. Among them, the issuance scale of variety 1 is 1 billion yuan, the term is 3 years, and the coupon rate is 2.97; the issuance scale of variety 2 is 1 billion yuan, the term is 5 years, and the coupon rate is 3.35. Based on the full recognition of the company's strategy, operating performance and future development, investors enthusiastically subscribed, the total multiple of the audience exceeded 8 times. The current issue of corporate bonds hit a new low interest rate on bonds of the same maturity and variety in 2021.