CIC plans to invest in Australian real estate company 159 million USD

Source: Internet
Author: User
Keywords Loans
Tags company different direct financing financing plan group
CIC plans to invest in Australian real estate company 159 million U.S. dollars to "direct share" as "loan financing", and 276 million shares of securities option China Investment Co., Ltd. (hereinafter referred to as "CIC") again, and adopted a different form of "loan financing" investment.  Yesterday, Goodmangroup, Australia's largest industrial real estate investment trust, issued a statement saying that CIC would participate in a financing plan for the Trust Company and provide 200 million Australian dollars (about $159 million trillion) in loan funds. The company said yesterday that CIC would join Macquarie Group in its financing plan. CIC will be given the option to buy 276 million shares of the group, accounting for 8% of the total assets of the company, according to the proportion of its loan share to CIC and Macquarie Group.  The financing plan is still pending approval by Australian overseas investment regulators. Journalists connected to the group, the media PR Mathewwerner said that after the completion of the financing, the company and all shareholders to discuss the long-term structure of the shares, and the ultimate goal of these measures is to ensure that the group in the next two years to obtain adequate funds to solve its debt problem.  He also told reporters that the company could later raise funds by issuing shares. "This is the normal investment behavior of the company, which is based on business objectives and economic considerations," said CIC's public relations source, who also confirmed the financing deal. Zhu Wuxiang, deputy director of finance at Tsinghua University's School of Economics and Management, said that CIC's approach was an investment strategy of "tapping and retiring", and that providing loan financing was more conservative and safe for CIC than the way in which stocks were previously bought directly. CIC chose the Australian group as an investment target, probably based on its real estate background, and property prices are likely to rise as the economy recovers. Zhu Wuxiang also pointed out that in the financing plan, CIC can gain by lending interest, if the other side of the rally, can also choose to buy the stock appreciation to profit, "regardless of the other side of the next operating conditions, the investment is at least capital preservation." ”
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