Core Viewpoint - 佛燃能源 is seeking to expand its financing channels and optimize its funding structure by applying for the issuance of debt financing instruments worth up to 5 billion RMB [1] Group 1 - 佛燃能源's board approved the proposal to apply for the issuance of debt financing tools during the 25th meeting of the 6th board session held on December 10, 2025 [1] - The company aims to enhance its funding sources and improve the maturity structure of its financing [1] - The application will be submitted to the China Interbank Market Dealers Association for the registration of the debt financing instruments [1]

（文章来源：证券日报） 证券日报网讯 12月8日晚间，天齐锂业发布公告称，为优化天齐锂业股份有限公司（以下简称"公司"） 的债务融资结构，丰富债务融资工具以保障现金流的稳定，公司第六届董事会第二十七次会议审议通过 了《关于向银行间市场交易商协会申请注册发行债务融资工具的议案》，同意公司向中国银行间市场交 易商协会（以下简称"银行间市场交易商协会"）申请注册发行不超过人民币 60 亿元（含 60 亿元）的债 务融资工具，并根据实际资金需求分次发行。 ...

天齐锂业（002466）(09696)发布公告，为优化本公司的债务融资结构，丰富债务融资工具以保障现金 流的稳定，公司董事会于2025年12月8日审议通过了《关于向银行间市场交易商协会申请注册发行债务 融资工具的议案》，同意公司向中国银行间市场交易商协会申请注册发行不超过人民币60亿元(含60亿 元)的债务融资工具，并根据实际资金需求分次发行。本事项尚需公司股东在即将召开的临时股东大会 上审议。 ...

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 顺丰控股(002352.SZ)公告称，公司于2025年12月8日召开董事会，审议通过《关于全资子公司发行债务 融资工具一般性授权的议案》，同意公司通过全资子公司深圳顺丰泰森控股（集团）有限公司及SF Holding Global 2026 Limited发行不超过等值人民币150亿元的债务融资工具，包括境内公司债券、中期 票据、短期融资券、超短期融资券等，其中境外发行额度不超过等值人民币50亿元。发行主体为顺丰泰 森和SFHG 2026，其中SFHG 2026将由公司提供担保，担保额度不超过等值人民币50亿元。募集资金用 途为补充流动资金、置换及优化部分债务以及法律法规允许的其他用途。该议案尚需股东大会审议通 过。 ...

天齐锂业 ：向 中国银行 间市场交易商协会 申请注册发行不超过人民币60亿元（含60亿元）的债务融资 工具。 ...

Core Viewpoint - Taizhou Water (01542) aims to optimize its capital structure and reduce financial costs through the issuance of debt financing tools, which has been approved by shareholders and relevant authorities [1] Group 1: Debt Financing Tools - The company plans to issue debt financing tools via a non-public placement, with a registered amount not exceeding RMB 1 billion, as approved by the China Interbank Market Dealers Association [1] - As of the announcement date, the company has issued three phases of non-public debt financing tools, each amounting to RMB 150 million, with one phase due on January 7, 2026, remaining unpaid [1] - The board has resolved to seek shareholder approval to apply for a new registration quota for debt financing tools, also not exceeding RMB 1 billion, to ensure smooth financing operations and meet business development needs [1]

（原标题：北控水务集团(00371)拟发行本金额为10亿元的中期票据） 智通财经APP讯，北控水务集团(00371)发布公告，公司已向中国银行间市场交易商协会提交申请统一注 册额度为人民币150亿元的多品种债务融资工具及于2025年6月获得批准，可适时发行。 公司拟于中华人民共和国境内发行2025年度第三期本金额为人民币10亿元的中期票据，期限为五年。公 司拟将2025年度第三期中期票据募集资金全部用于偿还境外金融机构借款的用途。 ...

公司拟于中华人民共和国境内发行2025年度第三期本金额为人民币10亿元的中期票据，期限为五年。公 司拟将2025年度第三期中期票据募集资金全部用于偿还境外金融机构借款的用途。 北控水务集团(00371)发布公告，公司已向中国银行间市场交易商协会提交申请统一注册额度为人民币 150亿元的多品种债务融资工具及于2025年6月获得批准，可适时发行。 ...

| 时间 | 家数 | 只数 | 金额 | | --- | --- | --- | --- | | 2025.1 | 673 | 1,059 | 9,221 | | 2 | 500 | 757 | 6,031 | | 3 | 703 | 1,124 | 9,009 | | 4 | 663 | 1,115 | 10,135 | | 5 | 378 | 686 | 5,571 | | 6 | 588 | 1,003 | 9,3 08 | | 7 | 629 | 1,019 | 9,175 | | 8 | 735 | 1,139 | 8,035 | | ਰੇ | 589 | 086 | 8,418 | | 10 | 572 | 903 | 8,131 | | 11 | | | | | 12 | | | | 【大河财立方消息】中国银行间市场交易商协会近日披露2025年10月债务融资工具发行统计数据。 数据显示，10月份银行间债券市场共发行债务融资工具903只，金额8131亿元。其中，超短融3140亿 元、短融329亿元、中票3738亿元、定向债务融资工具391亿元、资产支持票据514亿元。 | 的间 | 超短期 | ...

Financing Decision Dimensions - M&A financing decisions typically consider seven dimensions, including financing type combinations, maturity, yield basis, currency, innovative clauses, control, and issuance methods [4][6][7][8][9][10]. - The optimal financing combination usually starts with internal financing, followed by debt financing, and finally equity financing, aiming for maximum company value [6]. Financing Channels - M&A financing channels can be classified into internal and external categories. Internal channels include retained earnings and tax liabilities, while external channels encompass bank loans, non-financial institution funds, and foreign capital [10]. - External financing is characterized by speed and flexibility but comes with higher costs and risks [10]. Special Financing Methods - M&A funds pool third-party capital for acquisitions, often involving private equity funds and listed companies, leveraging both financial tools and platform resources [15]. - Leveraged buyouts (LBOs) utilize financial leverage to acquire companies with minimal upfront capital, relying on the target's assets and future cash flows for repayment [16]. - Management buyouts (MBOs) involve company management acquiring shares, aligning ownership and management roles, typically in stable cash flow environments [17]. - Asset securitization transforms illiquid assets into liquid asset-backed securities, enhancing cash flow management [18]. Evaluating M&A Financing Plans - The evaluation of M&A financing plans should consider flexibility, risk, return, control, and timing [19]. - Comparing different financing options, such as debt versus equity, reveals trade-offs in liquidity, risk exposure, earnings per share, control dilution, and market perception [19][20].