Bank of China Executes First Batch of M&A Notes in Interbank Market

Deep News12-12 22:10

On December 11, Bank of China assisted China Minmetals Corporation ("China Minmetals") in executing the first batch of M&A notes worth RMB 5 billion in the interbank market.

Recently, the National Association of Financial Market Institutional Investors (NAFMII) issued the "Notice on Optimizing the Working Mechanism for M&A Notes," aiming to enhance bond market support for economic restructuring and resource optimization while better meeting corporate financing needs for mergers and acquisitions.

Bank of China promptly implemented the M&A notes mechanism, leveraging its integrated M&A service expertise and extensive project issuance experience to provide efficient and high-quality financial services for China Minmetals' M&A notes issuance. The raised funds will be fully allocated to pay for China Minmetals' acquisition of key projects, supporting the company in accelerating strategic mineral resource security initiatives and strengthening its metal resource supply capabilities.

This year, Bank of China has actively participated in interbank market product innovation, successfully engaging in the debut of innovative instruments such as sci-tech innovation bonds and M&A notes. Additionally, it has acted as a syndicate leader or exclusive M&A financial advisor in multiple major projects, successfully executing pilot M&A loan programs for tech enterprises. Bank of China will continue to drive market innovation, helping companies expand financing channels and contributing to the high-quality development of the real economy.

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