Company News
JIC Leasing launches the industry-first ultra-short-term bond
On January 11, 2016, JIC Leasing started its first ultra-short-term bond issue of 2016, marking an unprecedented issuance of its kind among the leasing companies under the Ministry of Commerce. JIC Leasing plans to raise RMB 400 million from this bond issue at a 3.18% rate, i.e. 117 basis points below the benchmark lending rate. The ultra-short-term bond is another innovative product after the company’s short-term bonds and medium-term notes. The successful launch of ultra-short-term bond is observed as a thumbs-up from the bond market.
Since its start, JIC Leasing has been committed to creating a pluralistic financing system. The company closely watches as the policy shifts take place and opportunities emerge; adopts a market-driven approach in optimizing the allocation of resources; and continues to expand access to capital and reduce financing costs; all in an aim to provide a solid financial foundation for business growth.
Since its start, JIC Leasing has been committed to creating a pluralistic financing system. The company closely watches as the policy shifts take place and opportunities emerge; adopts a market-driven approach in optimizing the allocation of resources; and continues to expand access to capital and reduce financing costs; all in an aim to provide a solid financial foundation for business growth.