Chongqing real estate group debt ratio is reasonable

As early as in 2009, the central bank, the China banking regulatory commission has said, the financial institutions to support enterprise, issue corporate bonds. In early June 2011, the national development and reform commission issued a "about using the bond financing support of affordable housing construction related issues notice", support eligible local government investment and financing platform companies and other enterprises, 1 through the issuance of enterprise bonds financing affordable housing project.

Fangyuan property, chief analyst at Deng Hao in an interview with the daily economic news "reporter said, corporate approval time is too long, and affordable housing low profit is enterprise, is not willing to participate in the main reason, so even if a financing platform, willing to participate in the enterprise, also is not much.

"Daily economic news" reporter noted that chongqing real estate group corporate bonds in the national development and reform commission approved the issuance of 1.8 billion yuan, have issued more than corporate bonds. Among them, a recent corporate happened in August 2012, in the Shanghai 2 stock exchange issued 5 billion yuan to success.

The year, according to the guotai junan's official website on July 10, chongqing real estate group and repayment of corporate bonds issued a total of 7.3 billion yuan. If plus the plans to issue 1.8 billion yuan, chongqing real estate group will be more than 9 billion yuan of corporate bonds, fundraising purposes involves the jiulongpo district HuaYan group, has in chongqing new north zone (CNNZ) group and the mandarin duck group in 3 chongqing new north zone (CNNZ) 3 public rental housing and PeiJian low-rent housing construction project.

Guotai junan analysis according to the report, by the end of 2012, chongqing real estate group asset-liability ratio is close to 65%, in the reasonable scope of liabilities structure mainly composed of long-term debt, short-term debt is less, the issuer larger assets, debt structure is reasonable, operate in good condition, debt paying ability strong ".