浅析国际融资债权人间的顺位关系

A Brief Analysis of Rankings Among International Financing Creditors

当前,我国商业银行均重视拓展海外业务,积极参与国际融资项目,提升市场地位。由于境外借款人往往面临多家债权人,中资银行"走出去"需在国际融资规则的框架下处理债权人间的关系,维护自身债权的优先或平等地位,为此,国际融资实践中的债权人间的顺位关系便成为值得研究的重要问题。本文对国际融资规则下顺位关系的含义、表现形式进行了阐述,并分析了如何设计与顺位关系相关的融资条件,从而提升债权地位和降低融资风险。

At present,China's commercial banks are paying special attention to the development of offshore lending business,participating actively in international financing projects to improve market status.As overseas borrowers normally incur financial indebtedness to multiple creditors,Chinese banks developing overseas business would need to deal with the inter-creditor issues properly under the framework of international financing rules in efforts to defend the superior or equal ranking of its credit rights.Rankings among different creditors have thus become an important issue in China's international financing practice.This thesis discusses the connotation and categories of inter-creditor rankings under international rules and further analyzes the methods of designing credit conditions related to inter-creditor rankings for enhancing credit status and reducing financing risks.