The Chongqing Transportation Rental First Phase Asset Support Special Plan was issued on the Shanghai Stock Exchange.
Chongqing City Traffic Equipment Financing Leasing Co., Ltd. successfully issued the "Huatai-Chongqing Traffic Leasing 1st Phase Asset Support Special Plan" on the Shanghai Stock Exchange. The ABS issuance size is 496 million yuan, with a minimum interest rate of 1.7%, a weighted average interest rate of 1.74%, a subscription multiple of 5.92 times, and a maximum term of 2.74 years for priority debt. The priority debt rating has been awarded AAA, and the issuance interest rate has set a new low for similar products in the national financing leasing industry with the same term, establishing a new benchmark for the regional financing market.
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