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JIC Leasing Shanghai Successfully Issues New ABS Tranche

Time:2024-02-01 Source:JIC Leasing
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JIC Leasing Shanghai recently issued a new tranche of asset-backed securities (ABS) at a value of RMB 668 million, with a weighted average interest rate of 2.81%. These securities were widely recognized by the market.

This new tranche of ABS attracted more than 20 financial institutions to invest, with a subscription ratio that was more than 3 times higher, reflecting the good recognition and support of capital market investors for JIC Leasing, and further consolidating the company's outstanding reputation in the industry.

This issuance will help revitalize leased stock assets, optimize the structure of assets and liabilities, further expand market-oriented financing channels, and support high-quality financial development. In the future, JIC Leasing will continue to provide diversified financial leasing services, introduce new vitality to the real economy, contribute financial strength to support the development of emerging industries, and realize the continued integration of industry and finance.

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