BEIJING ENT(00392) 新京报·2024-04-19 15:28Core Points - Beijing Holdings successfully issued its first 10-year Panda bond, raising a total of 2 billion RMB with a coupon rate of 2.82% [1] - The issuance attracted significant interest, with an order scale of 5.63 billion RMB, achieving a subscription multiple of 2.82 times [1] - This issuance marks several records, including the lowest coupon rate for a 10-year non-financial enterprise Panda bond and the largest single issuance scale for a 10-year bond by a foreign entity in the domestic market [1] Summary by Categories Issuance Details - The total amount raised in the issuance was 2 billion RMB, with a maturity of 10 years and a coupon rate of 2.82% [1] - The bond was issued at par value, indicating strong market confidence [1] Market Response - The order scale reached 5.63 billion RMB, reflecting a robust demand and a subscription multiple of 2.82 times [1] - The market's positive reaction underscores the recognition of Beijing Holdings' long-term development prospects and credit quality [1] Records Established - The issuance set multiple records, including: - Lowest coupon rate for a 10-year non-financial enterprise Panda bond [1] - Largest single issuance scale for a 10-year bond by a foreign entity in the domestic market [1] - Highest subscription multiple for the same maturity and type of bond in the domestic market [1] - This successful issuance indicates the establishment of a relatively complete valuation system for Beijing Holdings in the domestic bond market, covering short to long-term products [1]