It is reported that JD.COM Baitiao ABN is based on the accounts receivable of JD.COM Baitiao, and the total issuance scale is 654.38 billion yuan, which is distributed in four grades, including 750 million yuan of priority A-level asset-backed notes, 654.38+50 million yuan of priority B-level asset-backed notes, 50 million yuan of intermediate-level asset-backed notes and 50 million yuan of secondary asset-backed notes. All asset-backed bills are publicly sold in the national inter-bank bond market, and the sponsors will hold 5% of the issuance scale of each asset-backed bill. The data shows that the final interest rate of this transaction is 4.8% for priority A-level notes, 4.9% for priority B-level notes and 7. 15% for intermediate-level notes.
The senior notes issued in this issue have been sought after by domestic and foreign investors, and have been quite oversubscribed. Standard Chartered China actively participated in the subscription of this offering, and Standard Chartered Bank (Hong Kong) Limited also participated in this offering as an overseas investor through Bond Connect (Northbound Connect).
China Bank, the lead underwriter of the project, said: "JD.COM. COM 100 was highly concerned by international investors during the road show, which played a good demonstration role in promoting the high-quality assets of domestic non-financial enterprises to go abroad and connect with the international capital market. "
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