Top of the Great Era

Chapter 1565 Corporate Bonds

Participating in the acquisition of the Golden State Warriors is a temporary idea of ​​​​Zhou Buqi.

Still, it's a beautiful business.

Now that you have encountered it, you can't miss it.

Back home at night, Zhou Buqi told Senior Sister Zhenyu about it.

Zhen Yu would naturally support it unconditionally, and said with a smile, "Okay, there is a lack of good investment targets here at home. After the dividends from the two private placements, Fang Fei Fund still has 14.6 billion US dollars in its account."

Zhou Buqi asked, "What about the debt?"

The family foundation also bears as much as $50 billion in debt.

Zhen Yu said easily: "It's not a problem. The annual interest is about 3.5 million US dollars. If necessary, 2 million US dollars can be repaid every year."

"So it seems that the family's funds are sufficient?"

"It's too much, and I don't know how to spend it. These people in the family... don't spend money extravagantly."

Zhen Yu was also quite emotional.

After getting rich, I realized that spending money is really harder than making money. These people in the family usually eat, drink and have fun, including luxury yachts and several private jets. How much money can they spend.

If I want to lose such a large amount of money, I don't know how to spend it except for the investment failure.

Zhou Buqi asked in a low voice: "Senior Sister Zhenyu, have you sorted out the bills at home? Who spent the most money in our family last year?"

"How do I arrange this?" Zhen Yu shook her head lightly, "Everyone spends their own money, and the bulk of the household expenses go to the family. For example, the 15 stunning maids in the family spend 800 million dollars a year."

Zhou Buqi laughed, he hugged her and put her on his lap, kissed her a few times, "Senior sister, don't be jealous, set an example, I will love you well, and won't let you suffer any grievances."

"Who is jealous?" Zhen Yu rolled his eyes at him, not wanting to be too affectionate in the study, "How much will it cost to buy the Warriors?"

Zhou Buqi said: "The current valuation of the Warriors is 1.5 million U.S. dollars, but if you want to buy it, you have to pay at least 2 times or 3 times the premium. I let my partner Lacob take full responsibility. You should prepare here. Time to give the check."

Zhen Yu was a little disappointed, "That's not much money!"

Zhou Buqi laughed and said, "It's not good if it's cheap?"

Zhen Yu said softly: "I mean...the funds in the family fund account are too abundant, there is no need to maintain so much cash flow, it is enough to maintain a liquidity of about 3 million U.S. dollars. The excess money, it is best It’s better to invest. The economic crisis has flooded the world, and we have to find a way to outperform inflation.”

"Then invest."

"What are you investing in? Do you want to buy real estate next?"

"Whatever you want, you can vote for whatever you want, or you can discuss it with Teacher Wen, Linlin, and Baoshan. The female lead is inside, the male lead is outside, and family matters, you have the final say."

Zhou Buqi was very generous.

Zhen Yu hesitated for a moment, "Boss Zhou, I have an idea, let's see if it works."

Zhou Buqi asked: "What?"

Zhen Yu hesitated and said: "These women in the family include Wen Zhixia, Shi Jinglin, Wu Yu, Baoshan, Ning Yaxian, Ning Yameng, and the secretaries Sun Guanran, Ning Lu, and Feng Muer. Your junior high school teachers Han Yan and Chen Yan, as well as your favorite little stars Yang Mi, Jiang Bingjie, Li Xinwan, Di Lireya..."

Zhou Buqi raised a black line on his forehead, "Senior sister, what are you going to do? Read my black history?"

Zhen Yu chuckled, "What black history, I think...you are a man, you should take more responsibility."

Zhou Buqi said very speechlessly: "I'm just an older brother, and I don't know how to do avatars. How can you ask me to bear the extra burden? I can't call all the dozen of you at night and sleep together every day, right? I'm not an iron man either."

"That's not what I said!"

"Huh? What is that?"

"I'm talking about their parents and family."

"Should all be taken care of?"

Zhou Buqi felt that he had not treated their family members badly, uh...he was really negligent, for example, he had never met Zhen Yu's parents, and he never mentioned that he would buy them a house or a car to be filial.

Because Senior Sister Zhen Yu is very rich, she can be called the second richest woman in China.

She has enough financial resources to solve all the living burdens of the family.

But her money is her money.

As a man, Zhou Buqi should still show it.

Zhen Yu said very seriously: "I think these people in the family, no matter who they are, as long as they are close to you, they should be taken care of. Otherwise, if everyone follows you without name or distinction, even if we can understand, The family members may not understand."

Zhou Buqi nodded, "What plan do you have?"

Zhen Yu said: "Give a house to each of their parents, choose a first-tier city like Beijing, Shanghai, Guangzhou and Shenzhen, and the location should be as good as possible. Whether it's your girlfriend, secretary, or starlet, everyone has a share. Give them a set. Let them choose. I calculated, and it doesn’t cost much, about 6.6 to [-] million is enough. There is still [-] million in the family’s domestic account. The older generation has the belief in real estate .Owning a house gives you psychological security.”

"Okay, I agree, you can figure it out!" Although Zhou Buqi has some disagreements, he is not necessarily right. He wants to fully support Senior Sister Zhenyu, and said with emotion: "In terms of career, I want Keep expanding the territory outside, and then find some excellent talents to manage the territory I conquered. This woman is similar, and I am responsible for opening up the border... ahem."

Zhen Yu pursed her lips, gave him an angry look, and then followed his words, saying confidently and calmly: "Boss Zhou, you don't have to worry about family affairs. You just need to expand your territory. It's just a few women. It can still help you manage it.”

"Really?"

"You don't believe it? Give me a week, and I promise to send Aunt Xue and Baoshan to your house together. It's inconvenient for you to deal with it, and I can help you deal with it."

"Don't, don't." Zhou Buqi looked embarrassed, "Where do you want to go?"

Zhen Yu had a half-smile, "Really no need?"

Zhou Buqi sighed, and said, "Forget it, I can't take it anymore. I really can't break through the shackles of thousands of years of Confucian ethics."

Zhen Yu laughed and said, "What does this have to do with Confucianism? Neither can the United States, nor can Europe. Maybe some tribes in Africa can."

"Sure enough, the African brotherhood is iron."

"what?"

"Ahem, forget it, you go and help me arrange it. I will go to Yaxian's room at night and let Yameng go there too. Hmm... You can go there if you want."

……

The Zhou family's family fund account is very rich, so much that Senior Sister Zhen Yu doesn't know how to spend it.

However, there was a problem with Ziweixing International's books.

At the time of the split, Ziweixing International had a cash flow of as much as US$30 billion distributed in its accounts. As of January 2010, 1, only US$21 million remained.

No way, the investment in cloud computing is too large.

In addition, Ziweixing International's business opens up new markets in Europe and the United States. It needs to set up branches and offices and recruit many employees, all of which require a large investment.

Then there is the investment business and the gaming industry.

Zhou Buqi wanted to acquire "My World", which he had his eyes on, but the price has not been negotiated for a long time.Ziweixing International's bid has reached 5000 million US dollars, but the other party still disagrees.

In contrast, the other game Boss Zhou had his eye on was easier.

This is what he found in the game list on the iPhone. It is a new game that has just been launched - "Angry Birds".

After Zhou Buqi's instruction, a special person went over to connect.

The other party is unwilling to lose all the equity, but is willing to transfer 800% of the equity for $80.After all, "Angry Birds" is not yet profitable, and the entrepreneurial team wants to get money to improve their lives.

Zhou Buqi was not too concerned about this.

What he cares about is a major strategic issue of Ziweixing International - corporate bonds!
The company is out of money.

If equity financing is not suitable, you can only go to bond financing.

The U.S. financial market is less regulated, and it is very easy for companies to issue bonds.Especially for some well-known and powerful companies, it is often easy to issue unsecured bonds.

That is, without any mortgage assets, borrowing from the market is based solely on the company's reputation and reputation.

This matter has been intensively prepared for 3 months, and now, it has basically been achieved.

The first phase of Ziweixing International’s corporate bonds, with a total value of 5 million U.S. dollars, will last for 5 years, with an annual interest rate of 8.2%, and will be officially issued on the 30th of this month!
The acquisition group is two top investment banks, Goldman Sachs and Citigroup.

The handling fee is about 2%.

However, the 2% handling fee does not need to be borne by Ziweixing International, but will be borne by the buyer of the bond.The general logic is that the underwriting group spent 5 million U.S. dollars to buy the corporate bonds of Ziweixing International, and then sold them at a price of 5.1 million U.S. dollars.

Because this bond is a high-quality asset with a high and stable annual return, many large foundations pursuing stable growth pursue this type of asset.

For example, federal pension funds, such as insurance companies, such as state government pension funds, and so on.With annual interest of more than $4000 million, paying an extra $1000 million to buy these bonds is a bargain.

Ziweixing International's first corporate bond was successfully issued.

Added $5 million in cash flow to the books.

But this is far from enough. According to the plan, in June and December this year, Ziweixing International will issue a second tranche of US$6 million and a third tranche of US$12 billion in corporate bonds to ensure sufficient capital investment In the emerging industries, it helps Ziweixing International to gain momentum in the cloud computing and mobile Internet markets.

To be honest, the pressure of debt is quite high.

Once the business does not develop smoothly, the debt storm may be over directly.

Fortunately, the current situation is very good, Helo has more than 3000 million mobile phone users.Among them, the number of users of Apple and Android reached 2600 million.

This product has almost become a must-have smartphone app for contemporary young people.

Zhou Buqi was also thinking secretly.

Should we find an opportunity to operate the listing of Ziweixing International?
It is difficult for non-listed companies to issue corporate bonds on a larger scale.According to Goldman Sachs' estimates, if Ziweixing International is not listed, the total size of bonds will reach 60 billion to 80 billion US dollars, which is basically capped.Any more, it may lead to market concerns.

If it is a listed company, it will be different. If you have confidence in the stock market, you will have the same confidence in the bond market.

It is almost impossible not to list Ziweiyun, a super asset-heavy project, in the global market.Only listed companies can flexibly use equity and debt to continuously absorb funds from the capital market and develop industries.

If you want to do great things in the capital world, you cannot do without capital games.

(End of this chapter)