Chapter Seventy-Five: Let Capital Work (Part II)

At this moment, Li Xianyun said: "The debt of Hengtai Real Estate Jiangcheng is now about 11 billion, including 3.5 billion bank debts, 3.2 billion commercial bill debts, 2.5 billion off-plan debts, and 1.8 billion other debts. Lao Jiang has contacted upstream businessmen, and one-third of them are willing to sell to us, and the price has been almost negotiated, and the contract is almost signed, totaling 2.2 billion volumes, including 1.2 billion commercial bills. ”

Hengtai owes a very high level of debt, both upstream and downstream, took the bank's money to buy land, and then owes money to the construction company and building materials company to build a building, and then does the pre-sale of off-plan housing, but in the end it is particularly debt-this is not counting the wealth fund pit financial management.

As a result, even the upstream and downstream buyers were cheated by them.

Li Xianyun is currently mainly targeting construction companies and building materials companies, but not all upstream businesses have to go bankrupt if they are indebted, and most of the enterprises can actually be supported, so Jiang Zhengyi wandered down, and finally only negotiated one-third, a total of sixteen enterprises.

But Li Xianyun was not satisfied with this.

His plan was to eat the small one first, and then force Hengtai with the help of commercial bills to win Hengtai's property in Jiangcheng.

But now, the 1.2 billion commercial bill debt is not enough to leverage Hengtai's layout in Jiangcheng, so Li Xianyun and these sixteen companies are also talking to me, and I won't start. Hengtai must have a plan before it can be moved.

"Not enough money?" Miao Hui asked.

"No, it's the price." Li Xianyun smiled.

Everyone is here to make a bargain, according to Li Xianyun's thinking, I will lose money if I buy it at a 20% discount.

Hengtai may not want to sell this part of the industry, but Li Xianyun still thinks the price is low.

This led to the attitude of the two sides being the same as that of Yisheng Media and Lan Yuan, and the gap was too big.

Kong Hao was also speechless: "We can't talk about the price." ”

Li Xianyun said: "A big reason why I don't dare to give a high price is that I can't be sure how this part of Hengtai's industry will be dealt with in the end." After all, Hengtai owes money from all sides, and it is not only Hengtai that has to deal with the relationship, but also other creditors such as banks, home buyers, and cooperative enterprises. ”

Everybody understands.

Li Xianyun wants to take the company at a low price, earn commercial tickets, and then use commercial tickets to acquire Hengtai's industry in Jiangcheng, and the core key is in the purchase price. If he can win these properties at a low price and settle other creditors, Li Xianyun will dare to take commercial bills at a high price, and he can buy more companies.

If you can't do it, then it's going to be a bunch of.

Zhou Rongdao: "So you want us to help you on the issue of Hengtai's asset disposal?" ”

Li Xianyun nodded: "You have close contacts with the bank and Hengtai, right?" ”

All four laughed at the same time.

Yes, they also invested money in Hengtai, but unlike other creditors, big capital investment has ways to protect their interests, such as senior claims and various protection schemes.

Of course, after the explosion of Hengtai, some treaties will definitely not be implemented, but the loss is very small.

The most critical loss is not their own money, either.

Whose capital investment hasn't failed yet?

Li Xianyun said: "You have more influence on Hengtai and the bank than me, and you are also good at capital operation, so give me a move." ”

Miao Hui stretched out his hand: "I'll take a look at Hengtai's asset statement here." ”

Li Xianyun took a copy of the information to him.

Miao Hui and the four of them took a general look.

Miao Hui said: "Among the 12 billion assets of Hengtai here, two commercial buildings and real estate are 7 billion, two undeveloped land are 3 billion, and there are 2 billion properties...... Well, that's easy. Xianyun, what you want is mainly land and commercial buildings, right? Interested in residential housing? ”

Li Xianyun replied: "That doesn't matter. ”

"That's going to be easy." Zhou Rong said: "Among the major creditors, the most troublesome is the buyer. They are all individuals, with less money and more people, and they have a large social impact, and everyone has their own opinions and needs, but there are thousands of them. This has to be talked about one by one, and it can't be dealt with at all. If you're not interested in living in a residential building, strip that part as well. ”

Li Xianyun smiled.

Indeed, deal with troublesome creditors first.

So many buyers are destined to be countless troubles, just throw it back to Hengtai.

Kong Hao said: "But some of the commercial tickets are in real estate development, and it is impossible to give up all of them." ”

Li Xianyun smiled: "It's okay to collect less." Yisheng Media's recent development is not bad, some employees do need to improve their salary, and the allocation of some housing can still be considered, but it is better to have those who do not have off-plan debts, and there are too many troubles for buyers. ”

Miao Hui said with a smile: "Then divide Hengtai's assets in Jiangcheng." Two commercial buildings, part of the real estate, plus two pieces of undeveloped land, the total price can be about 6 billion. The commercial bill debt is 3.2 billion, which means that if you win all the commercial bills, you only need to make up about 2.8 billion. ”

Li Xianyun said lazily: "6 billion to buy 6 billion, I don't have any benefit." ”

Hengtai is in debt to the upstream and downstream, and Li Xianyun is to eat all the upstream and downstream.

Enterprises dragged down by Hengtai should be acquired at a low price, and Hengtai's industry should also be acquired at a low price.

Win 50 million of 100 million commercial bills, and then use this 100 million commercial bills to exchange for 200 million assets, this is what Li Xianyun wants.

It's just that all the cheapness in the world is taken advantage of by you?

If it were so simple, would everyone still sell commercial tickets at a loss?

But on the other hand, this is the era when cash is king!

The reason why many people can't eat this benefit is because they don't have enough money, and there is also Hengtai's shameless attitude of asking for money and not having a life.

Hengtai's problem, Li Xianyun can't help it for the time being, but money? Li Xianyun has!

His cash flow is almost as good as that of those big capitals.

I'm not in debt.

There are still restrictions on how big capital can do things, after all, enterprises are bought to operate, and they are not good at this, but Li Xianyun can buy as much as he wants.

Miao Hui thought about it, suddenly realized something, and looked at Li Xianyun: "I remember what you said...... You're going to borrow 50 billion? ”

Li Xianyun nodded.

Miao Hui was puzzled: "But the acquisition of Hengtai's industry in Jiangcheng can't use so much money." ”

"So my appetite is not only Jiangcheng, but Jiangcheng is business, and other areas are investment." Li Xianyun replied.

Really.

His ultimate goal is to eat Hengtai.

Lan Chaoyang: "Want 50 billion? ”

"No, fifteen billion." Li Xianyun replied.

Exercise!

And where did the 100 billion come from?

Everyone was speechless.

Li Xianyun said with a smile: "The release of shares of Genting subsidiary." ”

“……”

No wonder.

You've figured it all out.

The subsidiary's share release, if it goes well, the financing of 100 billion is not a big problem, and if you borrow another 50 billion, Li Xianyun wants to use this money to devour a large piece of fat in Hengtai.

From a business logic point of view, this 150 billion can eat the entire Hengtai with the help of leverage!

Yes, that's right.

The method is very simple, take money to buy land, then use the land as collateral, then take out a loan, and then continue to buy.

Twenty rounds is enough.

Twenty rounds is nothing, you don't see a certain financial service, use 10 million to leverage hundreds of billions of financial markets, then the debt is called awesome!

Yisheng Media's profits are off the charts, and their finances are healthy, and it is really not a big problem for them to eat Hengtai in this way.

It's just that Li Xianyun has always valued profits over volume.

Boss Xu always shouts when doing business: Dada!

As long as it's big.

Boss Li shouted: earn earn earn.

Don't make a big deal if it's not profitable.

The essential difference is that one uses other people's money and the other uses his own.

Therefore, Li Xianyun will not eat the whole Hengtai, but he will definitely choose to eat the most profitable part at the lowest price.

The only question is: why should people cooperate with you?

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