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首單全額擔保民營房企債券花落龍湖:利率3.3%、2.86倍認購
格隆匯 08-26 10:00

8月25日晚間,備受市場關注的龍湖集團(0960.HK)2022年度第一期中期票據完成簿記。

簿記結果顯示,該筆中票發行規模為15億元人民幣,發行期限3年,票面利率確認為3.30%,認購倍數2.86倍,由中債信用增進投資股份有限公司(簡稱“中債增”)為該筆中期票據提供全額無條件不可撤銷連帶責任擔保。

據瞭解,這是中債增按照市場化、法治化原則通過直接擔保方式增信的首單民營房企債券。

在業內人士看來,中債增這一國資機構為優質民營房企提供全額擔保,於行業可起到穩定市場信心、修復預期的積極意義,於企業則是融資成本、認購倍數的保證。

2022年5月,龍湖集團就曾被監管機構選定為“示範房企”,率先試水通過“債券發行+信用保護”的方案進行融資,首單分別成功發行5億元公司債及4.02億元供應鏈ABS,並就此拉開示範房企使用信用保護工具發債的序幕。

據中銀證券統計,5 月以來截至目前,包括信用違約掉期(CDS)或信用風險緩釋憑證(CRMW)在內的信用保護工具,已帶動示範房企先後成功發行多筆信用債,合計實現融資39億元。

對此,華泰證券表示,此次中債增對部分民企定向增信,有助於提振市場信心,相比CRMW,中債增為房企發債提供直接擔保,增信力度更強,也更具示範效應。

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