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Finance your growth in China with the proceeds of the Panda Bond - Cassa Depositi e Prestiti
Finance your growth in China with the proceeds of the Panda Bond - Cassa Depositi e Prestiti
11六月2020
Dear Members and Friends of CICC,
The CICC is pleased to present the financing program aimed to support the development of Italian companies offered by Cassa Depositi e Prestiti (CDP) Group.
The mission of CDP is to support Italian companies already operating in China or potentially interested in operating there, as follow:
CDP has finalized several collaboration agreements and MoUs with leading financial institutions in China;
CDP raised 1 billion Renminbi by issuing Panda Bonds for institutional investors operating in China and made them available through medium / long term credit lines;
The capital raised on the market will be used to support the growth and investment made or to be made by Chinese branches or subsidiaries of Italian companies in China, by granting Renminbi denominated medium-long term loans at fixed rate under the co-financing program with Bank of China.
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