Case Study For Issue Of SME Privately Raised Company Bonds Of A Traffic Logistics Co.Ltd

In developed economies,high-yield bonds have played an important role in the stock market.They attract the eyes of investors who prefer high risk with 3 times of the risk-free rate.Today,the Chinese version of the high-yield bonds-SME(small and medium enterprises)privately raised company bonds has boarded the stage of history.Its appearance not only enrich our bond products,broaden the financing channels for SMEs,but also challenge the capability of China's securities market an investors to credit risk prevention.SMT privately raised company bonds is bound to bring about the Chinese bond defaults.So it is necessary and valuable to research about bound pricing and credit risk controlling.In this paper,the case study approach to analysis,combined with domestic and foreign debt risk control,to determine the issue of interest rates and other theory,A Company financial and operating data,the Shanghai and Shenzhen Stock Exchange rules on SME privately raised company bonds,private placement bonds for SMEs A company success release process were analyzed and conclusions drawn inspiration cases,and the future development of China's privately raised company bonds markets look ahead,innovation privately raised company bonds business proposals.First,the paper introduces the risk factors for SME private raised company bonds issuance in the Shanghai and Shenzhen Stock Exchange rules and the issuance of privately raised company bonds for SMEs exist in the process and credit spreads.Secondly,the paper analyzes the basic situation A company background,business conditions,industry trends,as well as A company private placement bonds issued on the basis of this program A private company bonds selected to be analyzed for possible optimization scheme.Finally,the paper by A company successfully issued bonds of private experience,several small and medium enterprises to solve the issue in privately raised company bonds problems and to carry out the future development of the privately raised company bonds market,privately raised company bonds business of creating new suggestions.Hope this paper can be the development of our other SME financing and bond markets play a certain reference value.