Future chat group

The bonds issued by Forest are called financial bonds, and in Europe and the United States, they are generally classified into the category of corporate bonds.

The difference between bonds and loans is that the former is direct financing and the latter is indirect financing.

When borrowing from a bank, the procedure is that the bank first collects deposits from depositors and then lends money to the company, while the corporate bonds are sold directly to investors, who can be of various types.

"The problem with Forest now is that it has a bad credit rating." In the conference room, Fox said with a troubled face: "As a BB-level financial institution, the bonds will almost certainly be classified as junk bonds."

"Unless we shift our business focus to an area where we can stably make profits, Forest's credit rating will not be high." Arman said with a hint of weirdness in his tone.

"There may be hope for project bonds. We can find insurance companies and large institutions for binding operations, and it is possible to improve the credit rating of the bonds." Buhler often contacts customers of all sizes and said, "We have these resources."

After listening to his subordinates' words, Lei Hao nodded and motioned for everyone to continue explaining.

China's financial circle is quite special. Political and human factors are too strong. Therefore, Lei Hao's development can only be developed through the bundling of interests. Lei Hao can accept this and slowly allows Lei Lei to adapt to that ecology.

When we arrived in the United States, the situation was a little different, and Lei Hao's ideas began to change. Here, natural persons and legal persons formed a network, and in this network, everyone hired and influenced each other.

As long as you can adapt to the rules and have enough ability and money, you can forage here.

Lei Hao has chosen a slightly different approach from China in the international market.

"Credit rating agencies, don't they have a very loud sign of collecting money to do things?" After listening to the difficulties expressed by Fox and others, Lei Hao understood everyone's opinions and took advantage of the situation and said: "Personally, I am more relaxed about the cost of capital. Do it Fox’s way.”

"OK, we will do a good job with the accounts, the project debt of the stock fund, set the loss ratio, and find an insurance company to insure the default risk..." Fox talked eloquently.

In the final analysis, financial matters are not difficult to master. There are certain procedures for bond issuance. Several managers at Forest have similar experiences.

Lei Hao felt very relaxed. After finishing these things, Leo and Arman summarized the investment situation last week.

The funds on the foreign exchange CFD have been fully delivered by Keda, and Lei Hao has successively allocated them to Leo and Yaman to invest in the stock market, futures and other markets. Due to the trading volume and the range of rise and fall, the expected "weekly" return rate About 10%.

In the past few days, when betting on interest rates with Oasis Securities, the investment targets have begun to change as expected. Arman is now beginning to have a tendency to become a fan of Lei Hao.

"When the bond process is completed, Yuhua will almost be able to intervene." Back in the office, Lei Hao was thinking about some things and replied to some emails.

After finishing the morning work and having lunch, Yaman fulfilled the bet and invited the Forest management team to go to Long Island for entertainment and booked a room. Everyone stayed in Long Island for the night and returned to Manhattan to work tomorrow.

After changing a place to sleep, Lei Hao did not forget what he should do every day. He opened the chat group and prepared to arrange work. A message made him a little dazed.

"The company is implicated in the bond credit rating trading scandal..."

"Who is setting up a trap?" This was the first question that came to Lei Hao's mind.

Can the sale of credit ratings be considered a scandal? This is a method used all over the world.

But according to the law, it really counts. Even for subprime mortgage bonds, its AAA rating is used as a scandal case, and major institutions often pay hundreds of millions of dollars in fines.

Forest is going to issue bonds recently, and this is something Lei Hao is going to give to his commercial banks to open up the situation.

When issuing bonds, there is no escape from credit ratings. If the credit rating of the bond is high, the coupon interest can be lowered, the fees charged by the insurance company will be reduced, and the cost of third-party institutions involved in the credit guarantee business will be low, and vice versa. .

However, no matter where you are, the issuance of corporate bonds must obtain permission from relevant departments. If you are suspected of falsifying your credit rating, problems will arise.

If the most important link goes wrong, can your bond still be issued? Not only cannot it, but it will also be investigated by the Financial Industry Regulatory Authority.

"Which financial institution can withstand investigation?" Sitting at his desk, Lei Hao took out a cigarette from the table, lit it and thought with some depression: "The situation in Forest is very clean, but if there is no violation at all, then Not really."

"Although the Supervision Bureau has no right to conduct a comprehensive investigation, as long as these are involved, Forest's situation will definitely be much more difficult. Who is framing me?" Lei Hao took a long puff of cigarette depressedly.

If you want to get more information from the future information, there are no more hints here.

"The simplest way is, of course, to suspend the bond issuance process." Lei Hao's thoughts started to spin: "But this only treats the symptoms, not the root cause. Besides, the best way is to catch the rat!"

With future information, if there are many things that you want to avoid, Lei Hao certainly has ways to avoid them, but if you don't face these things, the eyes in the dark will not be able to determine who it is.

In terms of suspects, Lei Hao has a few suspects. Oasis Securities and Yun Jingdong are the most likely to take action, but it is not impossible for others to intervene.

I went to the United States for ten days and made tens of millions of dollars. Although the forward interest rate agreement of Oasis Securities is not widely known, who would not be jealous if they knew about it?

Now Forest wants to issue bonds and not cooperate? It's strange if your competitors don't give you any obstacles.

You know, the total net profit of the four major banks in the United States last year was only US$81.1 billion. If your Forest performance is so good, there is no reason for others not to peep.

"Buhler, Fox, you two come to the living room of my suite." After unable to find more detailed information, Lei Hao had no choice but to call Fox and Buhler, who were responsible for this matter, to come over.

Opening the file of the bond issuance project stored in the computer, Lei Hao walked out of the room and put the laptop on the table in the living room.

Not long after, Fox, who had drunk a little too much, and Bueller, who still had red lipstick on his face, came to the living room. When they saw Lei Hao, the two men shook their heads as hard as they could, as if to make themselves more awake.

"Hey, Lei, I strongly demand a raise. You know, it's the holiday now." After drinking, Fox got a little drunk and dared to tease Lei Hao loudly.

"Dear boss, I just took a break from the flowers. If I didn't have a glass of whiskey, I think I would be very sad." Buller also threw himself on the sofa and joked.

Forest's business is booming, and the company's management has admired Lei Hao due to its huge profits, but foreigners can still have fun in their spare time.

"Sorry, I disturbed your entertainment. Let's pick a place at random next week and I'll treat you. Now, I want to know something." Lei Hao smiled bitterly. The situation between China and foreign countries is different, and the employees are not ascetics. He called people over to discuss work. It seems a bit excessive.

Fortunately, Lei Hao had enough prestige. After receiving the promise of the treat, Fox and Buhler immediately gave each other a weird laugh and high-fived each other, and then got serious.