文章來源：中(zhong)國水利水電建設集團公(gong)司(si) 發布(bu)時間：2012-04-29
經國家發(fa)展和改革(ge)委員會(hui)核準(zhun)，中(zhong)(zhong)國水(shui)利水(shui)電建(jian)設(she)(she)股份有限公(gong)司(si)（簡稱“中(zhong)(zhong)國水(shui)電股份”）于4月25日成功向社會(hui)公(gong)開(kai)發(fa)行2011年(nian)中(zhong)(zhong)國水(shui)利水(shui)電建(jian)設(she)(she)股份有限公(gong)司(si)公(gong)司(si)債(zhai)券(quan)（簡稱“11中(zhong)(zhong)水(shui)電債(zhai)”），中(zhong)(zhong)國銀河證券(quan)股份有限公(gong)司(si)擔任(ren)本期債(zhai)券(quan)的獨家主承銷(xiao)商。
本期(qi)債券共募集資(zi)金10億元，期(qi)限十年，采取固定(ding)利(li)率形式，票面(mian)年利(li)率為5.25％，在(zai)存續期(qi)內固定(ding)不變(bian)。本期(qi)債券由(you)發行(xing)人控股股東(dong)中(zhong)國(guo)(guo)水利(li)水電(dian)建設(she)集團公司(si)提供全額無條(tiao)件不可(ke)撤銷連帶責任保(bao)(bao)證(zheng)擔保(bao)(bao)。經大公國(guo)(guo)際資(zi)信(xin)(xin)評(ping)估有限公司(si)綜合評(ping)定(ding)，發行(xing)人的主體信(xin)(xin)用級(ji)別(bie)(bie)為AAA，本期(qi)債券的信(xin)(xin)用級(ji)別(bie)(bie)為AAA級(ji)。
發(fa)行人中(zhong)(zhong)國(guo)(guo)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)建(jian)(jian)設(she)股份有(you)限公(gong)(gong)司，系由中(zhong)(zhong)國(guo)(guo)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)建(jian)(jian)設(she)集(ji)團公(gong)(gong)司整(zheng)體重組改制而(er)來(lai)，是(shi)中(zhong)(zhong)國(guo)(guo)乃至全(quan)球規模最大(da)、最具實力的(de)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)建(jian)(jian)設(she)企(qi)業(ye)，公(gong)(gong)司核心(xin)主業(ye)是(shi)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)建(jian)(jian)設(she)，承(cheng)(cheng)擔了我(wo)國(guo)(guo)65%以(yi)(yi)上的(de)大(da)中(zhong)(zhong)型水(shui)(shui)電(dian)(dian)(dian)站和水(shui)(shui)利(li)(li)(li)樞紐工(gong)(gong)(gong)程(cheng)(cheng)的(de)建(jian)(jian)設(she)任務，長期(qi)以(yi)(yi)來(lai)一直是(shi)國(guo)(guo)內水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)工(gong)(gong)(gong)程(cheng)(cheng)的(de)龍頭(tou)施工(gong)(gong)(gong)企(qi)業(ye)，在(zai)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)工(gong)(gong)(gong)程(cheng)(cheng)施工(gong)(gong)(gong)中(zhong)(zhong)處于領(ling)先地位(wei)(wei)，引領(ling)著水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)施工(gong)(gong)(gong)技術的(de)發(fa)展。同時，公(gong)(gong)司以(yi)(yi)水(shui)(shui)利(li)(li)(li)水(shui)(shui)電(dian)(dian)(dian)建(jian)(jian)設(she)為(wei)依(yi)托，向其他建(jian)(jian)筑領(ling)域延伸，在(zai)鐵路、公(gong)(gong)路、工(gong)(gong)(gong)業(ye)與民用建(jian)(jian)筑、市政(zheng)工(gong)(gong)(gong)程(cheng)(cheng)、機(ji)場、吹填(tian)疏浚等相(xiang)關建(jian)(jian)筑領(ling)域均具有(you)良好的(de)業(ye)績，已經發(fa)展成為(wei)我(wo)國(guo)(guo)乃至全(quan)球特大(da)型綜合建(jian)(jian)設(she)集(ji)團之(zhi)一。自1999年(nian)(nian)以(yi)(yi)來(lai)，公(gong)(gong)司連年(nian)(nian)入選“全(quan)球225家最大(da)承(cheng)(cheng)包商”，2009年(nian)(nian)排(pai)名全(quan)球第31位(wei)(wei)；2010年(nian)(nian)公(gong)(gong)司在(zai)“中(zhong)(zhong)國(guo)(guo)企(qi)業(ye)500強”排(pai)名第78位(wei)(wei)。
11中(zhong)水電債是(shi)中(zhong)國(guo)水利(li)(li)(li)水電建(jian)設(she)股(gu)份有(you)限公司自2009年(nian)成立后首次通過企業債券(quan)市場融(rong)資。同(tong)(tong)時公司由于(yu)重組改制原因承繼了(le)中(zhong)國(guo)水利(li)(li)(li)水電建(jian)設(she)集團公司于(yu)2006年(nian)和2009年(nian)發(fa)行的(de)(de)兩期(qi)企業債券(quan)。上述兩期(qi)債券(quan)的(de)(de)發(fa)行利(li)(li)(li)率(lv)(lv)均創(chuang)下(xia)當時同(tong)(tong)等期(qi)限債券(quan)的(de)(de)最低(di)利(li)(li)(li)率(lv)(lv)紀錄。2009年(nian)發(fa)行的(de)(de)債券(quan)票面利(li)(li)(li)率(lv)(lv)為3.18%，更是(shi)創(chuang)下(xia)五年(nian)期(qi)企業債券(quan)發(fa)行利(li)(li)(li)率(lv)(lv)的(de)(de)歷史最低(di)。本期(qi)債券(quan)十年(nian)期(qi)發(fa)行利(li)(li)(li)率(lv)(lv)為5.25%，與五年(nian)期(qi)人民(min)幣存(cun)款利(li)(li)(li)率(lv)(lv)一(yi)致，也創(chuang)今年(nian)以(yi)來同(tong)(tong)期(qi)限同(tong)(tong)級別債券(quan)的(de)(de)最低(di)利(li)(li)(li)率(lv)(lv)記錄。
在當(dang)前我國(guo)的(de)貨幣信貸(dai)政策開始趨緊(jin)、企業信貸(dai)環境日益緊(jin)張的(de)情況下，11中水電債(zhai)的(de)成功發行(xing)，有(you)效緩解(jie)了(le)公司的(de)資金壓(ya)力，同時極低的(de)發行(xing)利(li)率(lv)也為公司節(jie)約(yue)了(le)大量成本，提高了(le)財(cai)務(wu)抗(kang)風(feng)險能力，進一步優化(hua)了(le)公司的(de)財(cai)務(wu)結構，進而(er)有(you)力保障了(le)公司重點項目的(de)建設與運營(ying)，為公司“十二五”開局之年開好(hao)局、起好(hao)步，為公司今后(hou)幾年的(de)平穩(wen)較(jiao)快發展提供重要(yao)的(de)資金支持。