Vol 3 Chapter 341: match

The bank is considering whether this work can't be stopped. In the third conference call, Li Lin asked, "Can we consider equity financing?"

Feng Yiping almost did not think about it. "Currently, only debt financing is considered."

Generally speaking, there are two main financing methods for a company, debt financing and equity financing.

The so-called equity financing means that corporate shareholders are willing to sell some of their shares and introduce new shareholders.

There are more debt financing methods, and the content is nothing more than the word "borrow", such as bank loans and corporate bond issuance.

For equity financing, the two listed companies don’t need to consider it. Although they just need to reveal a little bit of information, given the outstanding performance of the two companies, there must be more people to send money, but even if Feng Yiping is willing to do that, Ronglai The funds can only be used for the development of those two companies. Do you want to use it to acquire Netflix? That is just embezzlement, embezzlement of the funds of listed companies, and the amount is still such a large amount, you just wait to sit in the prison.

As for the Jiasheng Group, Feng Yiping thinks it’s good to be like this now. Everything is in charge. If another shareholder is introduced, how can life be as leisurely as now?

Moreover, how many people in China can give out more than $1 billion in cash?

"You can consider issuing corporate bonds, but," Feng Yiping shook his head, "this approval procedure is cumbersome and expensive, so it can only be used as a backup plan."

To a certain extent, the approval of corporate bond issuance is not simpler than listing. Moreover, the issuance of such bonds also requires an underwriter. The interest rate is generally high, and the cost should not be less than 15%.

Besides, in 2003, there were not many projects for domestic companies to issue bonds, and the amount could not be very large. This would issue 1 billion RMB bonds, which is a very big thing.

"Split the assets of the listed company of the group, divest the overseas assets, pack all the remaining assets, apply for a loan from the bank, if it is not enough, you can consider pledging my equity in the listed company,"

Feng Yiping still feels that it is easy to take a loan from a bank, the interest rate should be controlled below 10%, and the objects of dealings are relatively single. In addition, he also wants to take this opportunity to thoroughly check his own assets.

In any case, the bank's valuation is still very valuable.

"Okay, I understand," Li Lin stopped persuading. She now understands very well that there is no way for a listed company, a non-listed company, and her boss resolutely does not want others to get involved, "I hope there are banks with such courage!"

"Don't worry, it will definitely happen," Feng Yiping said with a smile, and if nothing happens, it can only be ICBC.

ICBC is the fastest internationalized among the four state-owned banks, and it should also have the most foreign currency assets.

He also hopes to take this opportunity to establish a good relationship with ICBC. Maybe, when ICBC is listed in the future, he can also carry out some strategic cooperation? For example, there is a chance to buy some original shares.

"Hehe, there are not many companies in China that are confident in financing with this amount of money, and this amount of money matches our identity," Jin Ling said with a smile.

Feng Yiping's guess was right, this meeting, the four major professions are also tangled.

Does the bank want to do such a big business? Of course! Not to mention the maximum of 2 billion US dollars, it is 20 billion US dollars of business, they also want to do.

However, the current four major banks are far less bullish than the later ones. The other three banks have limited dollar assets. After researching them, they unanimously thought of a joint venture with several other banks to share risks.

ICBC is the most entangled company, because they have the most foreign currency assets and are able to undertake such a business on their own.

At the high-level meeting, the Credit Management Department strongly advocated the next step, "Such an opportunity is rare. If other companies make such a request, we probably ignore it, but the overall strength of the Jiasheng Group is obvious to all, and it is at least among the best in the country. Excluding those two listed companies and just talking about their fixed assets across the country, it’s very impressive."

"The purpose of their financing this time is to prepare to acquire a listed company," the risk management department said. "This reduces the risk of our loans."

They are all very excited and want to do this big business. Jin Ling thinks that a loan of US$2 billion is in line with Jiasheng's identity. They also believe that a big business of US$2 billion is more suitable for ICBC's identity.

"The problem is that at the end of last year, our foreign currency loan balance was less than 20 billion US dollars, 2 billion US dollars, not a small amount," said the asset and liability management department.

"Affected, the volume of international settlement business and the volume of foreign exchange settlement and sales have also declined in the past two months,"

If it is RMB 2 billion, or even RMB 10 billion, it doesn’t matter to ICBC. What Kejiasheng wants is U.S. dollars. At the current exchange rate of around 2,767, the amount they want to borrow exceeds 15 billion. RMB!

“This year’s foreign currency assets will definitely increase. There is no doubt,” said the vice president in charge of credit. “Jiasheng Group is a high-quality customer from all aspects. Such an opportunity should not be missed easily. To continue to follow up, we must achieve this business in the most beneficial way for us, and the risk can be fully reflected in the interest rate!"

For a loan of 2 billion US dollars, if the interest rate is 10%, then the interest will be 200 million US dollars a year.

In terms of scale, even a loan of more than 100 million yuan can hold a hundred.

How much manpower and material resources does ICBC have to invest in completing 100 loans with an average amount of over 100 million yuan? How many bad debts will there be in these 100 loans? In short, it must be higher than this one.

The impact on universities in the capital is very large, but this impact is sometimes a good thing. For example, for those guys who feel that they are not prepared enough, the postponement of the CET-4 and CET-6 is great news.

The closure of universities and colleges means that Feng Yiping and others who are already in their senior year and are forced to stay in school mean that they can spend more time on their graduation project.

Feng Yiping even suspected that 2003 might be the year with the highest average level of graduation design in universities in the capital.

It’s just that the few goods in the dormitory generally said they were very uncomfortable. They couldn’t understand Feng Yiping being free and harassing him on the phone. It was common. I felt that they were too idle and too annoying, so I planned to add more Feng Yiping deliberately added the code when arranging the next work of Magic Workshop.

This time, he released nearly 20 specific design projects.

The dozen or so items that account for the largest number are the same as the design of electric vehicles. It is relatively easy. Feng Yiping already has a rough outline. They only need to improve it, such as the specific proportions and the further improvement of details.

Moreover, these dozens of designs are all products that are closely related to daily life. They are not difficult and can be said to be appetizers.

These dozen or so items, to put it simply, are the result of Feng Yiping's visit to the famous Muji.

At the beginning, he also visited this shop which was infinitely elevated by many petty bourgeois and even people who pretend to be tasteful. As a result, he did not really have a strong experience. He admitted that there are some things in the design. There is a very unique place, but some people's evaluation of it is too much, and even went to Japan to "pilgrim" specially, he said that he could not understand the fanaticism of those people.

I don't understand more than the fanaticism of "fruit fans".

Of course, it may not be ruled out that it is a Japanese company~www.wuxiaspot.com~ Anyway, he has long thought about copying some of the items that he has impressed with. Anyway, he has a better one now. Sales platform, these things can be stuffed inside.

In the work of this arrangement, there are two difficult bones, one is a leafless fan and the other is a chainless bicycle. The difficulty of these two designs can be seen from the name.

Moreover, Feng Yiping can't help much with these two things. He has used a leafless fan, but he doesn't remember the specific principle. He has seen a bicycle without a chain, and only has seen it.

As soon as these tasks are arranged, the harassing calls made by the guys in the magic workshop have basically disappeared. However, judging from the situation mentioned by Liang Yonggao, these two designs have aroused everyone's interest. It is so difficult. It matches everyone's status as a high-end domestic university student.

Feng Yiping just felt that his phone was much quieter and his ears were clear. When planning to go to lunch, he received another call from another guy who often harassed him, "Zhijie, how are you doing in the past two days?" Can you go to the ground?"

Xiao Zhijie completely ignored his words and said hurriedly, "Yiping, there seems to be something wrong with Jingping just now," ()