OREANDA-NEWS. August 20, 2012. CCCC’s corporate bond issuance in 2012 wrapped up. This time, CCCC issued 12 billion yuan worth of corporate bonds, including 6 billion yuan worth of five-year bonds with a nominal rate of 4.4 percent, 2 billion yuan worth of ten-year bonds with a nominal rate of 5.0 percent and 4 billion yuan worth of 15-year bonds with a nominal rate of 5.15 percent, reported the press-centre of CCCC.  

In the context of pressure piling on bond yield upturn, CCCC raised a capital of 12 billion at a low nominal rate, fully showing investors’ recognition of CCCC brand. The successful bond issuance this time has provided sufficient financial guarantee for the implementation of CCCC’s development strategy of “maintaining foundation, adjusting structure and going out”, effectively reduced corporate financing cost and further optimizing the corporate debt structure.

To date, CCCC has raised a total capital of 37 billion yuan in ways of direct financing including corporate bond, medium-term note and short-term financing bill.