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5 billion yuan bond financing to help business development


Release date:

2020-04-08

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China National Building Materials Group

Recently, the headquarters of China Building Materials Group and the headquarters of China Building Materials Co., Ltd. have raised 5 billion yuan in the bond market.

Recently, the headquarters of China Building Materials Group and the headquarters of China Building Materials Co., Ltd. have raised 5 billion yuan in the bond market.

The Group's headquarters successfully issued 5-year medium-term notes of 1.2 billion yuan with a coupon rate of 3.48, 10-year medium-term notes of 0.8 billion yuan with a coupon rate of 3.99, and 90-day ultra-short-term financing bonds (revolving issue) of 2 billion yuan with a coupon rate of 1.80, thus injecting vitality for the Group and its member enterprises to optimize their capital structure and reduce financing costs.

The headquarters of China National Building Materials Co., Ltd. successfully issued 1 billion yuan ultra-short-term financing bonds with a maturity of 36 days and a coupon rate of 1.5, setting a record low in the history of issuing interest rates for ultra-short-term financing bonds in China.
-Since the outbreak of the new coronary pneumonia epidemic in 2020, enterprises at all levels of China Building Materials Group, on the one hand, have actively organized scientific epidemic prevention and precise resumption of work and production, and on the other hand, have made full use of various fiscal and financial policies. As of the end of March, enterprises at all levels had received a total of approximately5.8 billion yuan, of which special loans0.41 billion yuan, bonds5.39 billion yuanIt provides a solid financial guarantee for the healthy operation of the enterprise.

 

 

Keywords:

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