On September 13, JIC Leasing Co., Ltd. (JIC Leasing) successfully issued US$500 million senior unsecured bonds.

The US dollar bond has a term of three years and a coupon of 4.5%. China Jianyin Investment, the controlling shareholder of JIC Leasing, provides a keepwell deed. The notes are rated A+ by Fitch. The bonds attracted more than 80 banks, asset management companies, fund companies, insurance companies, securities companies and private banks from around the world.

JIC Leasing’s successful issuance of the US$500 million bond has further broadened its financing channels, helped to reduce financing costs, and provided a strong financial guarantee for the company to better serve the real economy.