Financials, Technology Feb 15, 2022 11:39 AM (GMT+8)
The reporter learned that Ping An Bank submitted an application for the issuance quota of financial bonds in 2022 to the people's Bank of China at the beginning of the year. It is reported that Ping An Bank will, within the approved amount, plan to start the issuance of the first phase of 5 billion yuan of real estate M & a theme bonds in the near future, and raise funds for M & A loans of real estate projects. Ping An Bank said that it will promote the investment of raised funds in accordance with the principles of legal compliance, controllable risk and commercial sustainability, focus on supporting high-quality real estate enterprises' Mergers and acquisitions, high-quality projects of dangerous and difficult large real estate enterprises, and effectively support real estate enterprises to prevent debt risks and promote the optimization of industry structure through mergers and acquisitions.
This text is a result of machine translation.