Sprinkle coins every day

Chapter 149 The IPO of Corporate Bonds Triggers a Subscription Frenzy!

Monday, May 2.

Today is Valentine's Day in the West. On the way to work, I see young ladies holding flowers from time to time.

Arouse the envy of passers-by.

Of course, there are also those who are thrown into the trash can. Every bouquet of abandoned flowers represents a sad story. Sure enough, happiness is interlinked, but sadness is different from each other.

When taking the elevator.

Zhang Shuo noticed that the TV in the elevator of the Germination Building was actually broadcasting advertisements for Weichat.

I was speechless.

"What the hell, the enemies are all inside!"

As soon as he sat down in the office, Zhang Shuo called Jiang Yue and talked about the elevator TV advertisement, "From now on, the elevator TV inside the Germination Building will only play the promotional videos of the Germination department, and no more advertisements from outside."

Without making much money, it is easy to shake the morale of the army.

Not worth the loss.

"Also, it's time for the property company to rectify. It's only been working for a few days, and they keep making mistakes."

Zhang Shuo remembered the matter of the exclusive elevator for executives again.

Li Feng also reacted to Zhang Shuo in private, saying that since the budding building cleared the short-term tenants, the parking of the budding employees has become more and more irregular.

Some occupy two parking spaces, and some use public parking spaces as private parking spaces.

Some even parked their cars directly on the square on the ground, and they really regarded the Germination Building as their own territory.

Come as you want.

The management and control of the property is obviously unqualified.

"Don't worry, I'll take care of it."

The property company is a subsidiary of Mengya Real Estate, and things like this have happened one after another. As the direct supervisor of the property company, Jiang Yue has a hard time.

"Of course I don't worry about your work."

Zhang Shuo fully trusted Jiang Yue, and knew that these things should have nothing to do with her.

The reason is that the property management company has not yet turned the corner. For example, elevator TV commercials are usually rented out, so it must be done by the previous partner.

"The company's financing has made progress." Jiang Yue took the opportunity to report.

"Tell me."

Zhang Shuo likes Jiang Yue's efficiency.

"I have already contacted a securities company, and the initial intention is to issue a one-year corporate bond with a total amount of 4.85 million yuan, mainly to supplement the company's working capital. Because this is the first time that Germination has issued corporate bonds, the credit rating is relatively low, The annual interest rate is basically set according to the upper limit, and it is temporarily recommended to be established at [-]%. What do you think?"

The interest rate of corporate bonds is not determined casually, and there are special official regulations.

The lower limit of the interest rate is the bank's savings deposit interest rate over the same period.

Currently it is 3.5%.

This is easy to understand, because the risk of investing in corporate bonds is obviously higher than that of bank deposits. If the income cannot be higher than bank deposits, then who will buy corporate bonds?

In addition to the lower limit, there is also an upper limit on interest rates.

That is, the interest rate of corporate bonds shall not be higher than 40% of the bank's resident savings time deposit rate of the same term, which is currently 4.9%.

If the interest rate is too high, there is a great risk of default.

"can!"

Zhang Shuo directly agreed.

Although this means that Germina will have to pay a huge interest of 970 million for this corporate bond in just one year, but it is still worth it.

It is only a little worse than a bank loan, and far better than finding a financial company to do a bridge loan.

The current germination does not mean that there is a shortage of [-] million yuan in emergency funds. It has reached the point where it is completely unable to turn over, and the essence is still an advance amount.

This is also a common practice in many companies.

When the company's financial situation is good and there is not much shortage of money, appropriate issuance of corporate bonds can not only be easily subscribed, but also continue to increase the liquidity of the company's funds.

If you really have to wait until the company's books have been completely unraveled and you wait to issue bonds to save your life, it is often too late.

It is very likely that there will be an embarrassing situation where no one subscribes.

Even if there are investors who subscribe, it is estimated that they will be severely slaughtered.

Not worth the loss.

"Issuing [-] million bonds at once, will the market be able to digest it?" Zhang Shuo was a little worried.

It would be embarrassing if no one subscribed.

"I suggest that the company issue a document to encourage employees to subscribe. I will take the lead and plan to subscribe for 500 million." Jiang Yue is worthy of being a rich woman.

"It's okay to post a document, but whether to subscribe or not is entirely up to the employees' voluntary, we don't force apportionment." If it doesn't work, Zhang Shuo will let the newly established Fenglei Fund also subscribe for a part.

"That's fine, there should be a lot of people to subscribe." Jiang Yue is still relatively optimistic.

From the standpoint of Zhang Shuo, it is of course better to use the money to buy a house or speculate in stocks than buying corporate bonds, but who has such a "prophetic eye" like him?

For ordinary employees, buying corporate bonds issued by their own companies is actually a more affordable way to manage money than putting money in the bank to earn meager current interest, or investing in the stock market to pay tuition fees.

Basically, it is to make a profit without losing money.

After all, with the size of Bud, only issuing [-] million bonds, it is absolutely impossible for a thunderstorm.

This is why Jiang Yue subscribed so actively. With their family's assets and net worth, portfolio investment is also one of the main means of sharing risks.

Never put all your eggs in one basket.

Moreover, for most of the employees, even the housing price in Binhai City in 2011 was already an unattainable ceiling, which basically gave up the idea of ​​buying a house in Binhai City.

…………

After talking with Jiang Yue, Zhang Shuo found Luo Chang'an who had just finished his vacation.

"I've worked hard recently!"

Zhang Shuo poured tea for Luo Changan himself.

Since joining Germination Holdings, Luo Changan was first sent to the capital non-stop, and then to the beautiful country. He stayed in the company for less than two days in total.

"Actually it's fine."

Luo Changan was obviously a little cautious, after all, he hadn't been with Zhang Shuo for long.

It's not quite in place yet.

After the completion of the acquisition of Ruiwen Studio, in view of the tentative acquisition plan of retail enterprises by Qingcheng Retail, the investment and acquisition department in charge of Luo Changan suddenly became idle.

The only job right now is to assist Qingcheng Technology in completing the investment investigation report on the group buying website, and provide professional decision-making reference opinions for Qingcheng Technology's subsequent acquisitions.

It's tedious and full of uncertainty.

Because the group buying war is in full swing, it is not yet known which websites will survive, and naturally there is no way to confirm the specific acquisition targets.

We can only cast a wide net.

Even Zhang Shuo, a reborn person, can't remember so many group buying websites. Those who only know the names are a few top group buying websites such as Meituan, Lashou, and Wowo.

Basically no reference value.

"I have an investment list here, take it and complete the investment investigation report as soon as possible."

Zhang Shuo handed over a piece of A4 paper, on which he listed some unicorn companies in Zhongyuan Space-Time in his memory, which are also important references for Sprout's future investment.

"so much?"

After Luo Changan scanned it carefully, his scalp felt a little numb.

The above lists more than 20 unicorn companies, involving e-commerce, new energy, food and beverage, sharing economy, artificial intelligence, consumer goods, biotechnology, entertainment, semiconductors, new retail, software services, enterprise services, health technology, etc. each field.

If you really want to invest all of it, you will definitely not be able to win without two 30 billion.

The premise is-

And these unicorn companies are willing to accept investment.

Since it is a unicorn, it must be more willing to accept professional venture capital and investment banks, or giants like Tenda, Ari, and Qiandu to invest.

In addition to giving money, can Germina give these unicorn companies any other treatment?

Weixin's traffic didn't pick up either.

We still have to face the challenge of Weichat, a rising star. Whether it can survive is still unknown.

"I didn't say that I have to invest, but I need a professional investigation report issued by the Investment and M&A Department. I need to understand the development status of various emerging industries more intuitively." Zhang Shuo explained.

The information he can understand in the original time and space has been filtered and screened layer by layer.

Except for a few unicorn companies, such as Wujiang, who have really mastered the core technology, the other so-called unicorn companies are really unicorns, or they are just pretending to be unicorns.

Zhang Shuo knew nothing about it.

If you don't investigate clearly, how dare you make a move easily?
Even if you want to implement the poison pill plan, you must be cautious. You can't say that the unicorn has not been fattened up before a thunderstorm hits you.

With Germination's current financial strength, Zhang Shuo is not allowed to be so wasteful.

"so."

Luo Changan also breathed a sigh of relief quietly, and readily agreed.

It is one of the main tasks of the Investment and Acquisition Department to issue industry survey reports every month for Zhang Shuo's decision-making reference. Now it is just that Zhang Shuo has made the survey objects more concrete.

The essence is to narrow the scope of investigation for the Investment and Acquisition Department, which is a good thing.

Just wondering——

"How did the boss select these unicorn companies?"

However, Luo Chang'an noticed that the twenty-odd unicorn companies listed above, in addition to the various industries, are also registered in different places.

In addition to the mainland of Binhai City, there are also places such as Yangcheng, Modu, Jingshi, and Jianye.

It is true that there are great powers.

But doubts belonged to doubts, and he didn't dare to ask them face to face.

…………

As soon as Luo Changan left, Chen Xiaowan came in with a smile to pack the tea sets.

Although she was promoted to the director of the President's Office, she was still serving as Zhang Shuo's administrative secretary. Anyway, the President's Office served Zhang Shuo alone.

There is no need to say, find another administrative secretary.

Unless Zhang Shuo "sees the difference and wants to change", likes the new and dislikes the old, and wants to arrange another itchy little secretary in the office, it's okay to see the black silk long legs, cultivate his sentiment or something.

"What are you so happy about?"

Zhang Shuo noticed that the little secretary walked lightly, "Did you win the lottery?"

"Isn't the company going to issue corporate bonds? I'm going to subscribe for 20 yuan." It was rare for Chen Xiaowan to show off her wealth.

"That's it."

Zhang Shuo looked strange, and asked doubtfully, "Can you come up with 20?"

He knew it, regardless of the high salary of the little secretary, in the end he was basically a salaryman. After a year, the only savings was the 88888 year-end bonus issued at the end of the year.

"I'm going to borrow a little more from my family." Chen Xiaowan didn't hide anything.

"You cow!"

Zhang Shuo also lost his temper completely.

(End of this chapter)