On December 11, Bank of China assisted China Minmetals Corporation (hereinafter referred to as "China Minmetals") in completing the first batch of RMB 5 billion M&A bill transactions in the interbank market.
Recently, the National Association of Financial Market Institutional Investors (NAFMII) issued the "Notice on Optimizing the Working Mechanism Related to Merger and Acquisition Notes," aiming to further enhance the bond market's support for economic restructuring and resource optimization, and better meet the funding needs of corporate mergers and acquisitions.
Bank of China promptly implemented the merger and acquisition (M&A) bond issuance mechanism, fully leveraging its integrated M&A service advantages and extensive project issuance experience to provide efficient and high-quality financial services for China Minmetals' M&A bond issuance. The proceeds from this issuance will be used entirely to pay for the acquisition of key projects by China Minmetals, which will strongly support China Minmetals in accelerating the implementation of its strategic mineral resource security measures and enhancing its metal mineral resource security capabilities.
Since the beginning of this year, Bank of China has actively responded to product innovation in the interbank market, successfully participating in the initial offerings of innovative products such as science and technology innovation bonds and M&A notes. Simultaneously, it has served as the lead syndicate or sole M&A financial advisor in several major projects, successfully implementing a number of pilot M&A loan projects for technology companies. Bank of China will continue to participate in market innovation, helping enterprises broaden their financing channels and contributing even more to serving the high-quality development of the real economy.
