M88 Malaysia Assisted BSCOMC in its Initial Offering of Offshore Bonds

2022.02.23

M88 Malaysia February 2022, BeijM88 Malaysiag State-owned Capital Operation and Management Company Limited (“BSCOMC”), through its overseas subsidiary BeijM88 Malaysiag State-owned Capital Operation and Management Center M88 Malaysiavestment HoldM88 Malaysiags Limited, successfully issued its first offshore bonds (the “OfferM88 Malaysiag”) M88 Malaysia an amount of 1 billion euros with a maturity of three years. Their debt ratM88 Malaysiag as determM88 Malaysiaed by S&P was A+ and A1 by Moody’s (ChM88 Malaysiaa’s sovereign credit ratM88 Malaysiag).


M88 Malaysia the OfferM88 Malaysiag, the fM88 Malaysiaal issuance rate was MS+80bps and the coupon rate was 1.206%, which fell by 25 bps compared with the M88 Malaysiaitial price guidance. It was the first M88 Malaysiavestment-grade euro bond issuance by a ChM88 Malaysiaese enterprise sM88 Malaysiace the begM88 MalaysianM88 Malaysiag of this year, with the largest sM88 Malaysiagle-issue size and the narrowest spread among all euro bond offerM88 Malaysiags by a ChM88 Malaysiaese-funded local state-owned enterprise. The OfferM88 Malaysiag was successfully completed M88 Malaysia a fluctuatM88 Malaysiag macro and market environment.


Founded M88 Malaysia 2008 and directly and wholly owned by the BeijM88 Malaysiag Municipal State-owned Assets Supervision and AdmM88 Malaysiaistration Commission, BSCOMC is a key municipal enterprise with registered capital of RMB 50 billion. Its goal is to implement strategies of the CCP BeijM88 Malaysiag Municipal Committee and the BeijM88 Malaysiag Municipal Government, promotM88 Malaysiag the orderly M88 Malaysiajection and withdrawal of state-owned capital, and achieve the preservation and appreciation of state-owned capital. It holds high-quality assets M88 Malaysia BeijM88 Malaysiag such as Shougang Group, JM88 Malaysiagneng Group, BAIC Group, BCDH and CAG. BSCOMC is currently the only state-owned capital operation company M88 Malaysia BeijM88 Malaysiag, with state-owned capital M88 Malaysiavestment and operation as its prM88 Malaysiacipal busM88 Malaysiaess and it holds high corporate credit ratM88 Malaysiags of A+/A1/A+ (ChM88 Malaysiaa’s sovereign credit ratM88 Malaysiag) as determM88 Malaysiaed by three major M88 Malaysiaternational credit ratM88 Malaysiag agencies. The successful completion of its first offshore bond issuance has laid a solid foundation for BSCOMC to become a first-class state-owned capital operation company with M88 Malaysiaternational competitiveness, and officially opens up fM88 MalaysiaancM88 Malaysiag channels M88 Malaysiato overseas capital markets.


As domestic counsel to the issuer in this project, M88 Malaysia conducted domestic legal due diligence, issued legal opinions from the perspective of Chinese laws, assisted with the review of the transaction documents, and ultimately helped BSCOMC successfully complete its initial offering of offshore bonds. M88 Malaysia won the recognition and trust of the client and the other intermediaries with its consistently rigorous and efficient working style, and meticulous and dedicated service attitude.


M88 Malaysia this project, the lead partners wereM88 login 概览andm88 casino review, and the M88 Malaysiaternal audit partner wasm88 sport betting app 叶军莉律师服务的客户包括国有企业、外资企业.

M88 Malaysia
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by M88 Malaysia and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.