Guidelines for Debt Restructuring Financing
Guidelines for Debt Restructuring Financing
债务重组融资指引
Guidelines for Debt Restructuring Financing
概述
summary
针对一般企业或投资类型控股平台，持有未上市股权等非流通资产对外抵
质押，已有债务到期需置换的融资模式。置换可合并重组多笔融资，如已被
质押的股权投资相对早期，可按股权最新估值释放部分抵质押物。
For general enterprises or investment type holding platforms,
holding non-tradable assets such as unlisted equity as external
collateralPledge, a financing model where existing debts need to be
replaced when they mature.Replacement can be combined with multiple
financing restructuring, such asFor equity investments that are
relatively early in the pledge, some collateral can be released based on
the latest valuation of the equity.
Guidelines for Debt Restructuring Financing
债务重组融资指引
Guidelines for Debt Restructuring Financing
融资主体要求：
Requirements of the financing entity
该主体有一定规模，每年能覆盖期间还款利息。
The entity has a certain scale and can cover the interest of repayment
during the period every year.
Guidelines for Debt Restructuring Financing
债务重组融资指引
Guidelines for Debt Restructuring Financing
底层资产
Underlying assets
1.未上市公司股权，在行业内有竞争力，符合上市标准，1-2 年内有上市计划；
2.一线城市房产（住宅、别墅、商业、办公楼等）；
3.上市公司股权；
4.其他（具体待协商）
The equity of unlisted companies is competitive in the industry,
meets the listing standards, and has a listing plan within 1-2 years;
Real estate in first-tier cities (residential buildings, villas, commercial
buildings, office buildings, etc.);
Equity of listed companies;
Others (to be negotiated in detail).
Guidelines for Debt Restructuring Financing
债务重组融资指引
Guidelines for Debt Restructuring Financing
置换优势
Displacement advantages
1.重组期限可达3 年，延长还本压力；
2.按年度或半年度付息，减轻季度、月度还息压力，改善公司现金流；
3.按实际情况可有效降低融资成本；
4.单一资金方，放款速度相对快；
5.债务合并重组，按实际情况可释部分抵质押物，资产盘活后增加现金流
The restructuring period can be up to 3 years, which will increase the
pressure of repaying the principal;
Pay interest annually or semi-annually to reduce the pressure of
quarterly and monthly interest repayment and improve the company’s
cash flow;
It can effectively reduce financing costs according to the actual
situation;
Single fund provider, relatively fast loan speed;
Debt consolidation and restructuring, according to the actual
situation, some collateral can be released, and cash flow can be
increased after the assets are revitalized.