1.39 billion!Haier Financial Leasing successfully signed its first dual-stage sustainable development syndicated loan
On April 1, 2024, Haier Financial Leasing successfully held the signing ceremony of the company’s first “Dual-stage Sustainable Development Linked Term Syndicated Loan” (hereinafter referred to as the “Syndicated Loan”). The first phase of the contract was RMB 1.39 billion, exceeding the amount raised. The multiple is 1.74 times. Zhang Lei, chairman and general manager of Haier Jinying Holdings, chairman and general manager of Haier Financial Leasing, Chen Baoquan, deputy general manager and financial director of Haier Financial Leasing, and leaders of 11 Chinese and foreign banks participating in this syndicate attended and witnessed the syndicated loan signing ceremony.
Sustainability-linked syndicated loans refer to financing instruments that encourage borrowers to achieve preset sustainability performance targets (SPT) through syndicated loan terms. They are one of the important financial means to promote sustainable development. As a sustainable-linked loan, this syndicated loan is an organic combination of the company’s ESG concepts and business development, and is linked to three sustainable development performance goals: ensuring fair education financing leasing business, assisting livestock breeding financing leasing business, and supporting small and micro enterprises Financial leasing business. The company promises to continue to increase capital investment in related fields during the syndicate period, and play a positive demonstration effect in solving social problems through finance, optimizing resource allocation, and improving people’s livelihood and well-being.
For this syndicated loan, HSBC Bank (China) Co., Ltd. and Sumitomo Mitsui Banking Corporation (China) Co., Ltd. are the appointed lead bookrunners, sustainable development structuring and coordinating banks, and Sumitomo Mitsui Banking Corporation (China) Co., Ltd. is the sustainable development structuring agent. Bank, loan agent bank, Bank of East Asia (China) Co., Ltd. as the appointed lead arranger, Xiamen International Bank Co., Ltd. Shanghai Branch, Korea Development Bank Beijing Branch, Korea Development Bank Qingdao Branch, Bohai Bank Co., Ltd., Fubon Huayi Bank Co., Ltd. and Bank of Nanjing Co., Ltd. Shanghai Branch serve as the lead arrangers, and Qingdao Branch of the Busan Bank of Korea, Enterprise Bank (China) Co., Ltd. and Woori Bank (China) Co., Ltd. Shanghai Branch serve as arrangers.
At the signing ceremony, President Zhang Lei, Ms. Yin Li, Managing Director of Global Banking of HSBC Bank (China) Co., Ltd., and Mr. Chen Yong, Director of the Second Department of Corporate Banking at the Head Office of Sumitomo Mitsui Banking Corporation (China) Co., Ltd., all expressed their confidence in this syndicate. As an opportunity, we will continue to deepen future cooperation, achieve win-win development for all parties, and better support the development of China’s real economy.
Since its establishment, Haier Financial Leasing has always focused on the business philosophy of “finance for industry”, insisting on serving the real economy and empowering industrial transformation, upgrading and sustainable development. The company has in-depth layout in five major sectors including intelligent manufacturing, medical and health, education and culture, agriculture, animal husbandry and food, and small and micro finance. It has invested more than 90 billion yuan in serving the real economy, served more than 7,000 customers, and managed assets of more than 20 billion yuan.
In the future, Haier Financial Leasing will take this syndicated loan issuance as an opportunity to maximize the integration advantages of industrial synergy and resource links, strive to achieve “co-creation, sharing, and win-win” with stakeholders, and contribute to the high-quality development of the real economy. Inject more financial vitality.
