旭輝成功發行31.2億公司債券，利率3.8%創新低
來源：旭輝集團官微
5月27日，旭輝集團股份有限公司宣佈，成功發行2020年第一期公司債券31.2億元，利率最低3.8%。這不僅創下了旭輝公司債發行歷史利率新低，更標誌着公司今年進一步降低融資成本、優化債務結構的重要一步。
據悉，本次公司債發行包含兩個品種，均獲得市場熱烈追捧。其中“20旭輝01”期限為“3+2”年期，發行規模21.2億元，利率3.80%，全場認購倍數2倍；“20旭輝02”期限為5年期，發行規模10億元，利率4.50%，全場認購倍數1.5倍。
本次債券發行所得將全數用於提前歸還將要到期的有息負債，以更低成本置換此前利率較高的融資。
旭輝CFO楊欣表示，近年來，旭輝一直都遵循順應國家針對房地產行業“去槓桿、控負債”的要求，本次公司債發行也是公司控制融資成本，延長債務久期，優化負債結構的又一次成功操作。本次發行取得3.8%的公司歷史上最低發債利率，具有里程碑意義，也表明旭輝的融資成本已進入下降通道。
公司年報顯示，截至2019年年末，旭輝淨負債率68.5%，加權平均融資成本6.0%，均處於同類房企中優秀水平。持有現金高達576億元，現金短債比2.7倍，債務結構合理、償債能力優越。楊欣曾在年度業績發佈會上表示，今年旭輝的融資成本有進一步下降的空間。
今年以來，旭輝已多次主動開展債務管理操作。1月，旭輝發行5.5年期美元票據， 6.0%的票面利率創美元債發行新低；3月，旭輝完成對2018年發行的私募債券面利率調整，由原有票面利率6.5%下調至5.3%；5月，旭輝全部贖回於2020年5月到期的3億美元6.375%的優先票據，維持高度健康的資產負債情況。一系列動作反映出旭輝積極的債務管理策略，以及持續降低融資成本的決心。
本次公司債發行之前，國際三大知名評級機構標普(Standard&Poor's)、穆迪(Moody's)、惠譽(Fitch)相繼確認了旭輝“BB”、“Ba3”、“BB”的信用評級，以及穩定、正面、穩定的評級展望，充分體現出市場對旭輝未來發展的良好預期。
除了持續低成本穩健融資外，旭輝今年以來在土地投資上秉承“以收定支，嚴控負債”的策略，投資拿地步伐保持謹慎和穩健，同時展現出“多元化、低溢價、高權益”的特徵。1-4月新增土儲權益佔比接近9成，獲取土地平均溢價率僅為12.8%，其中7個項目以0溢價獲取。
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