The hottest new benchmark for Zoomlion's US $600mi

Zoomlion's new benchmark for the international operation of its 600million US debt restructuring

Zoomlion's new benchmark for the international operation of its 600million US debt restructuring

www.632. Emergency stop device: it can handle emergencies. China Construction Machinery Information

Guide: and at the end of 2016, it launched the construction of the company's Changzhou functional material industry base. Zoomlion announced on December 13 that it had been guaranteed by the company through the issuance of Zoomlion Hong Kong International bonds targeted at institutional and professional investors. Zoomlion has appointed Goldman Sachs (Asia) Co., Ltd. as the exclusive global coordinator and Bookrunner for this bond issuance, issuing 600million bonds due in 2022

Zoomlion announced on December 13 that it had issued international bonds guaranteed by Zoomlion Hong Kong, targeting institutional and specialized graphene high molecular composite investors with relatively simple preparation process. Zoomlion has appointed Goldman Sachs (Asia) Co., Ltd. as the exclusive global coordinator and Bookrunner for this bond issuance, issuing US $600million 6.125% senior notes due in 2022, with a net proceeds of US $592million. This is another beautiful financing action of Zoomlion in the international capital market after the successful issuance of the first US bond in March

in April this year, Zoomlion Hong Kong has issued US $400million US dollar bonds with an interest of 6.875% due in 2017. Insiders believe that the successful sale of US $600million US bonds in this period shows that Zoomlion is favored by the international market and has changed the situation that China's non central enterprises have been trapped in high interest bonds in the international bond market for a long time

Fitch international, one of the three major international rating agencies, previously gave the investment grade of bbb- to the overall situation and financial situation of Zoomlion Heavy Industries. Mr. Yang Changbo, the global partner of gaorusheng company in the United States, previously said that the successful issuance of Zoomlion US bonds not only opened new space for Zoomlion's capital operation, but also set a new benchmark for domestic enterprises to enter the international capital market

it is understood that the issuance of US bonds has strict qualification restrictions and certification. It requires that the issuing enterprises must have good economic benefits, excellent solvency and excellent development potential. The buyers of American bonds are mainly institutional and professional investors, who have excellent investment experience and experience. The successful issuance of Zoomlion's two phases of American bonds fully shows the international capital market's full recognition of Zoomlion's operation ability and risk control ability, as well as its full confidence in Zoomlion's future development potential

the announcement shows that the funds raised by US debt in this period will be used for Zoomlion's overseas expansion plan, including improving Zoomlion's sales and service network, and establishing R & D centers and manufacturing centers. As the only company in the domestic construction machinery industry that has listed both A-shares and H-shares and issued US bonds, Zoomlion's international capital operation ability provides sufficient capital guarantee for the construction of its global industrial chain