On November 26, “CSC-ZGC Sci-tech Leasing Phase 2 Asset-backed Special Securities in 2021” was successfully issued, with the aim to raise 484 million yuan.

Among them, the A-class bonds plan to raise 359 million yuan, with AAA rating, expected maturity date of August 21, 2023 and a coupon rate of 3.8%; the B-class bonds intend to raise 100 million yuan, with AAA rating, expected maturity date of February 20, 2024 and a coupon rate of 3.8%. The comprehensive coupon rate of these bonds is at 3.8%, having once again refreshed the record of ZGC Sci-tech Leasing in recent years.

The successful issuance of these ABSs with ultra-high subscription ratio and low rates is not only the affirmation of the capital market for the operation capacity and performance of ZGC Sci-tec Leasing, but also the recognition of the sustained and steady performance of its asset quality.

Meanwhile, these ABSs have further optimized the asset and liability structure of the sci-tech leasing company, effectively reducing financing costs and supporting business development.