This time, when Yuwenfei pledged his shares, he deliberately chose Citibank, and there was a reason.

If you find a domestic bank, this equity pledge may not be able to be handled.

Because Facebook is not listed in China, it is more difficult for banks to supervise the pledge of shares.

Besides, the domestic "Company Law" stipulates that if the listing is less than one year, the shares in the hands of major shareholders shall not be pledged!

In addition, for the proportion of share pledge loans, Yu Wenfei still wants to be higher.

Talk to Citibank, he can directly bring it up, the two sides are talking about business, if Citi can accept it, then give a higher ratio, if it feels too risky, then lower.

But domestic banks are different, they are all state-owned enterprises, you talk about the proportion of pledged loans, and it is easy to leave a handle, when others attack you in the future, this is a lethal weapon!

Therefore, in order to save trouble, Yuwenfei will not make this money to domestic banks, and go directly to Citibank.

Citibank is also a shareholder and listed underwriter of Facebook, and Yuwenfei is in the "honeymoon period", and the cooperation is very pleasant.

............

Citibank came over this time, and it was Fulp, the head of the credit department.

Don't look at his title as "supervisor", but in fact, he is the boss of the credit department, and according to his level, he is the boss of the business department, and he has quite a lot of power, but the title is different.

If it weren't for the fact that the pledge could be more than $1 billion, and given Citibank's close relationship with Facebook, he might not have come forward.

Therefore, after hearing Yu Wenfei say that he hoped to get a higher pledge ratio, he pondered for a moment and said briskly: "Is it okay to pledge according to 60% of the stock price, how long does Mr. Fei want to pledge?"

Sixty percent?

Yu Wenfei thought about it for a while, 10 million shares, with a market value of 2.7 billion US dollars, if it is pledged by 60%, it is enough to borrow 1.62 billion US dollars, which is enough to invest in China Eastern Airlines Pearl Company, and it can't even be used up.

Since the other party was so refreshing, Yu Wenfei said very simply: "Yes, just follow this, the pledge time is calculated as five years, and the contract adds a clause that the pledge can be released in advance." ”

For the poor, it may be difficult to borrow 10,000 yuan when they are in a hurry.

But for the top rich, especially those who are still on the rise in their careers, they will definitely not be short of money, even if they don't have cash on hand, but a lot of financial institutions will revolve around you and want to lend you money.

Of course, these same financial institutions that revolve around you, when you encounter a major setback in your career, they are even more ruthless in freezing your assets and forcing you to repay your money!

Banks are supposed to be the icing on the cake, and the charities are the ones that give charity in the snow.

As far as Yu Wenfei's current career development trend, banks all over the world are eager to lend him money, so equity pledge is just a small matter.

Not to mention that there are shares of Facebook that can be pledged, even if he doesn't, if he wants to take out a loan, Citibank will rest assured and boldly lend it to him.

The name Yuwenfei is the biggest guarantee!

............

Citibank was very efficient, and in less than a week, $1620 million was transferred to Yu Wenfei's private account with Citibank.

"Fourth uncle, I have the money here. Has your Pearl Company been valuated, and how many shares are you going to sell to me?" Yu Wenfei called the fourth uncle and asked.

"Ha, you're pretty fast. During this time, I was not idle, I found a professional company to make a valuation of Mingzhu Company, and discussed the matter of your investment at the group leadership meeting.

The valuation of Pearl Company includes tangible and intangible assets, totaling 3 billion yuan.

If you make a capital investment, you can invest up to 7 billion yuan, accounting for 70 percent of the shares!"

Mingzhu company is still quite valuable, there are several large cargo planes, and the staffing is very complete, and the supporting resources of the group company can be called.

For example, pilots, flight attendants, ground handlers, etc., if necessary, you can apply directly to the group company.

What this company lacks now is money and business!

And Yuwenfei's shareholding can help Mingzhu Company solve these two problems.

Money, Yuwen Fei a lot.

business, after the establishment of the private jet club, the Facebook company alone can contribute a lot of performance.

Especially after the establishment of Facebook and Facebook Games' North American companies, executives travel back and forth between the two countries very frequently, and Yu Wenfei often goes to the United States.

In addition, under his leadership, there may be many other rich people in the magic city, but they try the private jet business.

These can bring a lot of revenue to Mingzhu Company.

............

Listening to the words of the fourth uncle, Yu Wenfei was slightly stunned, the valuation of Mingzhu Company was lower than he expected.

It seems that China Eastern Airlines still has a lot of goodwill towards itself.

Tangible assets are well valued, and those intangible assets are easy to mix with water, to be honest, even if it shows that the pearl company is worth 5 billion or even higher, it can be justified, and it only needs to make a high valuation of intangible assets.

But China Eastern did not do this, but offered a real price.

Then I also pledged so much money with shares, and I don't need it now.

"Well, then so be it, I invested 7 billion yuan for the company's purchase of private jets and daily operations. In addition, I personally paid another 300 million US dollars, and this money was used to help me privately order a Boeing 747-8 VIP aircraft, which was for my private use and entrusted to the Pearl Private Jet Club, which can be regarded as the company's first private jet business. Yu Wenfei said.

Indeed, the Boeing 747-8VIP, worth 300 million US dollars, in this year, except for Yu Wenfei, it is estimated that no other rich person can afford to use it.

It's just a big airliner, and one take-off, the gas money alone is enough to bankrupt a lot of people......

A normal jet private jet can cost forty or fifty million dollars, which is considered very high-end.

And the cheap ones, there are about 10 million dollars.

Those were the mainstream private jets at that time, and only the average wealthy could afford to use them.

"Huo! You really want to buy that big guy! I thought you were joking last time?" the fourth uncle exclaimed on the phone.

Yu Wenfei mentioned this super sky palace worth 300 million US dollars last time, and he thought that Yu Wenfei would just say that, who can afford such a big plane in private individuals.

Generally, the annual maintenance cost of a private jet is one-tenth of the price of the aircraft, so the maintenance cost of this aircraft of up to 300 million US dollars alone costs 20 or 30 million US dollars per year......

You can buy a smaller business jet again!

With such a high maintenance cost, if a large passenger aircraft is used for operation, it is good that it can be earned.

But for private jets, it's a bit outrageous.

This also led to the fact that although the Boeing 747-8VIP was launched, so far, I have not heard of any rich people ordering it.

If Yu Wenfei wants to buy it, then he must be the first user!

"What's the joke about this, I may fly to the United States more often in the future, and I will deal with some giant companies or real top rich families, buying such a plane to be honest will also have a certain effect on supporting the scene, haha......" Yu Wenfei said half-jokingly and half-seriously.

The fourth uncle could only sigh when he heard this, the world of the top rich man was incomprehensible to him.

At my own level, if I buy a Daben or BMW 7 Series, it feels like the biggest face, and I can speak louder when I drive out.

But when it comes to Yuwenfei's level, I feel that ordinary private jets are not enough to have face, and it must be at the level of Boeing 747 to support the scene......

"Okay, I'll arrange for someone to be approached by Boeing in advance, this kind of large plane may not be that fast, and it must be booked. By the way, when will you come over, I will invite the leaders of the group to come over, and everyone will sit together to settle the matter of investment. The fourth uncle asked again.

Tomorrow at about ten o'clock in the morning, I will go to the Pearl Company, and your company will be next to the airport, right? Yu Wenfei said dryly.

"Yes, just west of the airport, in the office park of the group headquarters, our Pearl Company has a separate office building, Building 7. You can come directly tomorrow, and I will invite the relevant leaders of the group in advance. The fourth uncle said happily.

After Yuwenfei's funds came in, the Pearl Company he was in charge of had also turned into a company with a market value of more than 10 billion!

And it will have the first private jet club in China, and it will also have the most private jets and large transport aircraft, and of course, the world's largest and only private jet of Yuwenfei!

That plane not only helped Yuwenfei support the scene, but also helped Mingzhu Company support the scene.

When talking about Pearl Company in the future, others will definitely say, "Is it the club that has a Boeing 747 private jet?

That's the advertising effect!

..................

Yuwen flew into the shareholder Hangmingzhu Company, which was very low-key, and did not promote it in any media, including his own Facebook.

On the official website of China Eastern Airlines Group, there is only one inconspicuous news.

"In order to promote the deepening of reform, our group began to try to liberalize some businesses, embrace private capital, and encourage private capital to enter aviation-related subsidiary business fields. As the first pilot unit, China Eastern Airlines Pearl Company has carried out share reform and bravely taken the first step......"

On the official website of China Eastern Airlines Pearl, this matter is also handled in a low-key manner, and more ink is spent on "boasting" of the private jet club that has been established.

With the prosperity of the country and the strength of the people, Pearl Company will bravely explore the private jet business and air transport business, and the company will also have no less than ten jet business jets that can be used for intercontinental flights, including the world's largest private jet, Boeing 747-8VIP......"