29 December 2014
Yuyuan 2014-1 Collateralized Loan Obligation Were Successfully Issued
Yuyuan 2014-1 collateralized loan obligation, with Bank of Chongqing Co., Ltd. as the Originator, were successfully issued on December 29th 2014, with the size of RMB 1,913mn. Class A notes - Offering size of the project is RMB 1410mn, weighted average life: 0.47 year, rating: AAA/AAA (CCRC/CCXI), coupon rate: 5.00%. Class B notes - Offering size is RMB 240mn, weighted average life: 1.27 years, rating: AA/A+ (CCRC/CCXI), coupon rate: 6.00%. Subordinated notes - Offering size is RMB 263mn, no rating. CICC acted as Sole Lead Underwriter.