Return to the exciting era of 1999

Chapter 354 Corporate Debt Financing

Of course, thinking of Martin, Ji Donglai hated it very much, especially thinking that if he kept this thing by his side, he would feel his liver trembling every day. I really don’t know how Big Buick could bear to bring such a pig by his side without any worries.

Arrogant and incompetent, patting his head to make a decision will only cause trouble. If this kind of person is kept by his side, Ji Donglai can buy a gun to commit suicide himself.

"corporate debt?"

Da Buick was a little confused when he heard Ji Donglai's new word. When he asked Martin, the other party shook his head. He hadn't even heard of this word. The help he usually gives his brother-in-law is that the other party doesn't talk to his sister. Pure big-eyed pig.

"It's actually very simple. I issue corporate debts through our Chinese banks, and then you use marks to buy them. I take these marks to do other business, exchange them for goods, and then I can help you solve the problem." Problem, you can still earn interest on corporate bonds.”

"It's like in the middle of this transaction, you will get double-layered profits. You rarely find this on your side. I'm not afraid of you making a joke. If it wasn't for holding your big customer, I should terminate our business now." Cooperation."

"At present, the whole world is using US dollars for transactions. If you insist on paying me Mark, the banks in our country may not be able to accept it. Are you kidding me? Really, we still have to carry Mark. If the bank does not We dare not accept it.”

In order to reach this deal, Ji Donglai kept adding salt to Big Buick's wounds.

In the previous stage, Ji Donglai was discussing this matter with Zhao Shuying and Yuan Dingcheng.In fact, it is also learning from the practice of Japanese companies. Almost all large multinational companies in the other country issue corporate bonds. From national bonds to corporate bonds, a positive cycle has now been formed.

The counterparty's multinational company issues corporate bonds or government bonds, and then mortgages these debts to certain institutions, such as Thai baht.Then the Thai baht gave this part of the money to the enterprises, which were used by these enterprises to invest in their own countries and maintain the normal operation of the enterprises.

In this way, not only the Thai baht is bound to these Japanese multinational companies, but also to the Japanese yen, which makes this sovereign currency very stable, and allows those large foreign companies to obtain large sums of investment, directly reducing the burden of these multinational companies. Corporate financial pressure.

Now South Korea is also learning this model. In China, few companies adopt this kind of fund.

It is precisely because of this innovative model that Japanese and Korean companies have been able to expand rapidly in many countries around the world, while the vast majority of Chinese companies, except for state-owned enterprises, still use traditional financing methods without exception.

The cost of obtaining funds for this type of financing is several times that of the corporate bond model of Japan and South Korea. Fundamentally, the cost is much higher than that of others, and you have to compete with the other party. The profits can only become as thin as snowflakes. Reduce costs by squeezing intermediate links.

The wages and treatment of employees, the price and profit of suppliers, these aspects of Chinese private enterprises have always been inferior to foreigners.The end result is that a large number of high-end talents in China all choose foreign companies for employment. This cannot be entirely blamed on the worship of foreigners by these people.

Ji Donglai now has a few foreign funds in his hand, how to legally invest in is a big problem, Ji Donglai consulted Xiaoliu Yingming, and the other party gave this model.

Today I met Mark from the Big Buick, and Ji Donglai learned and used it flexibly, just to use it for practice.

Big Buick did not express any objection, hung up the phone and began to consult with his own think tank. A day later, Big Buick's subordinates began to ask for Ji Donglai's company's financial statements.

On the one hand, Zhao Shuying began to provide, and on the other hand, she began to discuss with Cui Mingyan's uncle to issue corporate bonds. Now Ji Donglai's company has enough qualifications, scale and profit points.

The difference is a little formality, and the interest rate of corporate bonds is much lower than that of bank loans, and even the companies can set it themselves.

As for the bank, it only plays the role of a guarantor and an intermediary agency in the middle, and the entire intermediary fee including the interest is not worth half of the interest of the bank loan.

To be on the safe side, Big Buick personally came to China to gather Udos, Abbas, Little Buick, and some so-called Chinese friends.

Regarding financing, Big Buick is very cautious.

The conference table in the hotel was full of various materials about Ji Donglai's new company, including Ji Donglai's recent cooperation with Canada, the cooperation project of Jingkai Chemical, and the new project for the elevator factory.

Especially now in Ji Donglai's elevator parts factory, recently Jerry joined a new elevator company and threw a package of drawings to Ji Donglai, almost throwing over the entire model.

Now Ji Donglai's elevator construction team has penetrated the Hebei area and is expanding towards the upper and lower reaches of the Yellow River.

"Abbas, you know Ji Donglai best, what do you think about this matter?"

After reading all the materials, Da Buick turned his attention to Abbas. Now Abbas can speak Chinese very well, and he is the hardest of all.

"I think it's good. If Mr. Big Buick can buy some for me, buying their corporate bonds is subject to qualification restrictions and requires a large amount of money. I will buy some first. I think these things can be used as collateral if possible. Help us preserve our value."

"I have seen our classmates take corporate bonds from certain companies. Those loan companies recognize these debts. If we use money, we can take these debts to their banks as collateral, and even the banks recognize them. This is equivalent to our funds. Unoccupied, more secure than equity in certain companies."

"Currently, Ji Donglai's company is still in the development stage. In the past few years, the profit point was limited. Even if it got the equity, the income it obtained was very limited. It is better to choose this way of stable income to benefit first."

"A few years later, Ji Donglai's business scale will be good, and it will be able to make stable profits. We will use corporate bonds to carry out debt conversion, and this part of the money will be able to smoothly turn into more stable income for our company."

"Of course, if we don't do this, we can also rely on our help to Ji Donglai at this time to make him appreciate us and get more in-depth cooperation in the future."

Speaking of corporate debt, Abbas took a sip of water and told him everything he knew.

The current domestic financing environment is like this. Some people in large-scale companies choose to make loans, and some people who know how to play capital choose to issue corporate debt.

Especially those companies with good credit are also very recognized in China.

Even the corporate bonds of some companies can be sold as collateral in the market, and there are small companies operating such debt markets around the capital.

(End of this chapter)