Tuesday, January 25, 2011

IFC 150 million yuan bond issue

 Do panic! The main force is still diving? Stuck with the stock is likely to have saved! March the stock market changes are likely to occur? Tug of war behind the hidden financial trends! 25
IFC issuance of RMB bonds in Hong Kong SAR for the first time, bond proceeds will be used to support the continent, a clean technology companies. This is the first time the international institutions to issue renminbi bonds in the overseas income to support projects in mainland China.

There were no direct access to market financing private enterprises in China, marking the official launch of medium-term RMB market. Hubei is one of China's poorer provinces. As a long-term investors and consultants, IFC will also introduce Shenwu international best practices in the industry, with whom to share the experience of the development of private technology companies.

The bonds for the 5-year total of 150 million yuan, annual interest rate of 1.8%. The proceeds will be used to support IFC's strategic focus in China as one of the areas of greenhouse gas emission reduction project. Access to financing energy enterprises in Beijing Shenwu Technology Co., Ltd.. God has designed and manufactured fog industrial furnaces can be used in the steel and petrochemical fields, through the regenerative high temperature air combustion technology can reduce paper consumption, reduce carbon dioxide emissions.

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