Byd 20 17 interest guarantee multiple

BYD's interest guarantee multiple for 20 17 years is 4.87%. Bond interest rate and its determination method: The coupon rate of this bond is determined to be 4.87% through negotiation between the issuer and the lead underwriter. The coupon rate of this bond is fixed for the first three years of the term. At the end of the third year of the duration, the issuer exercised the option to adjust the coupon rate, and the coupon rate that did not sell the bonds back was the coupon rate plus the adjustment basis point for the first three years of the duration, and remained unchanged for the next two years.