On October 26, the first phase of “2021 Asset-backed Bonds of ZGC Sci-tech Leasing co., Ltd.” was successfully launched, in total amount of 990 million yuan.

A1-level bonds, with AAA rating and 1.48 years of maturity period, plans to raise 540 million yuan at the coupon rate of 3.8%; A2-level bonds, AAA and 1.98 years, will raise 190 million yuan at the coupon rate of 4.1%; B-level bonds, AAA and 2.24 years, raise 210 million yuan at the coupon rate of 3.98%.

A1-level bonds, with AAA rating and 1.48 years of maturity period, plans to raise 540 million yuan at the coupon rate of 3.8%; A2-level bonds, AAA and 1.98 years, will raise 190 million yuan at the coupon rate of 4.1%; B-level bonds, AAA and 2.24 years, raise 210 million yuan at the coupon rate of 3.98%.

A total of 66 asset leasing contracts (with 64 leasees) underlies the first stanch of asset-backed bonds, with China Securities and the Bank of Jiangsu as its leading underwriters, China Railway Trust Company (CRTC) as the carrier of bond issuance, and the Bank of Jiangsu as the bond supervisor and custodian.