央行：支持具备条件的银行参照国际惯例 探索研究在上海自贸试验区为“走出去”企业提供非居民并购贷款服务

Core Viewpoint - The People's Bank of China and other regulatory bodies have issued a plan to enhance cross-border financial services in Shanghai, particularly supporting banks in providing non-resident acquisition loan services for "going out" enterprises [1] Group 1: Policy Initiatives - The plan aims to expand domestic and international financing channels [1] - Banks are encouraged to explore providing non-resident acquisition loans in the Shanghai Free Trade Zone, with loan amounts not exceeding 80% of the acquisition transaction price and a maximum loan term of 10 years [1] - The initiative supports banks in meeting the financing needs of multinational companies' domestic and overseas units through various methods such as "overseas direct lending," "internal guarantee for external loans," and "external guarantee for internal loans" [1] Group 2: Financial Support Mechanisms - The plan supports corporate financial companies in conducting "external guarantee for internal loans" to consolidate funds from overseas units and provide financing support [1] - This approach aims to facilitate the coordinated financing of domestic and overseas units within corporate groups, thereby reducing financing costs [1] - The regulatory framework for "Yulan Bonds" will be improved to enhance value-added services such as agency interest payment and corporate behavior handling [1]