苏州区县级首单绿色ABS落地

Core Viewpoint - Jiangsu Baohan Leasing Co., Ltd. has successfully issued its first green asset-backed securities (ABS), marking the first green ABS issuance at the county level in Suzhou, with a total scale of 850 million yuan and an average interest rate of 1.89%, setting a record for the lowest rate of local state-owned leasing ABS in the country [1] Group 1: Green ABS Issuance - The total scale of the green ABS issuance is 850 million yuan [1] - The weighted average interest rate is 1.89%, which is the lowest for local state-owned leasing ABS in China [1] - The issuance aims to provide lower-cost financing for real enterprises in Kunshan and promote the development of green industries [1] Group 2: Asset Securitization Overview - ABS refers to asset securitization, which involves issuing asset-backed securities supported by the future cash flows generated by underlying assets [1] - Green ABS specifically involves the securitization of leasing assets and project income rights that meet green standards, with funds directed towards energy conservation, environmental protection, clean energy, and low-carbon economy [1] Group 3: Company Background - Baohan Leasing, a wholly-owned subsidiary of Kunshan Chuang Control Group, has provided financing leasing of 11.3 billion yuan since its operational commencement in 2018 [1] - The leasing scale reached 4.6 billion yuan, ranking among the top in state-owned commercial leasing in Suzhou [1] - Since 2022, Baohan Leasing has actively expanded its diversified financing channels and has issued over 5 billion yuan in asset securitization products [1]