近日,有消息称,融创中国的高管团队近期已与部分持有大量融创境内债券的投资者进行了会晤,其目的在于就公司的债务重组计划进行深入沟通手机配资app,并探讨可能的解决方案。
11月4日,《国际金融报》记者独家获悉,当前融创中国与部分境内债权人洽谈重组方案由现金赎回、债转股、以资抵债、长债四个部分组成。具体来看:
现金赎回方面,融创计划以15元/股的价格购回部分债权,上限8亿元。
债转股则是,融创会发行一年期新债券,认购新债券的债权人可进行转股,拥有股票收益权的承诺(仅承诺),这部分的价格是8至10元/股(具体未定),上限3亿至4亿元。融创会在一年内将这些转股的股票处置完,收益算给债转股。
以资抵债部分,则是将债权转为4年期的信托,用张家口的应收款做抵押,最终退出价格为35元/股,4年内处置完,4年后不足35元/股的由融创兜底,上限14亿元。
剩余部分做长债处理,时间是9.5年,年化利息1%,前4年付息,第5年开始偿还本金,偿付比例前少后多,但有1%至2%的即刻偿付额度。
自2022年出险以来,融创一直奔走在化债路上,其化债进程一度被视为行业标志性事件。
2023年1月,融创总计160亿元的境内债券整体展期方案获债券持有人会议表决通过,这也是继富力、龙光之后,第三家实现境内公司债券整体展期的房企。
10个月之后,化债再度传来好消息,其境外债务重组各项条件获满足。
历时18个月的融创境外债重组正式宣告成功,这也意味着融创成为首家完成境内外债务重组所有流程的大型房企。据测算,境内外债务重组完成后,融创整体化解约900亿元的债务风险。
然而完成展期并不意味着债务问题得到解决,市场持续下行,调整深度和时间都超出预期。
融创外滩6壹号院(吴典 摄)
融创在2024年中期业绩公告称,鉴于市场恢复情况持续不及预期,集团已将原本应于2024年6月及9月兑付的境内公开市场债券本息展期至年底支付,同时推动综合、长期解决方案。
融创再度启动债务重组。
对于此次融创给出的方案,有债权人直言,“现金比例的价格并不高,现在市场的价格也要10+元/股,如果股价稳定的话,转股的收益会更好。”
左二为融创董事会主席孙宏斌(孙婉秋 摄)
化债的同时融创还将目光瞄向了不良资产领域。
10月底有消息称,融创中国正筹备成立名为“而今资本”的新资本平台,旨在独立于其原有的地产开发体系,专注于整合代建体系和引进外部资金,以切入地产不良资产市场。
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