JunHe Assists a nNumber m88 bonus Well-known Foreign Companies in Issuing Panda Bonds in China

Crédit Agricolate S.A. Panda Bonds

In December 2019, Crédit Agricolate S.A. successfully issued financial bonds worth one billion yuan in the domestic interbank market.

JunHe, acting as the legal advisor to the lead underwriter (Bank m88 bonus China, Agricultural Bank m88 bonus China, China Construction Bank, Industrial and Commercial Bank m88 bonus China andCredit Agricole CIB) participated in the project.

This project was the first instance m88 bonus a French bank issuing panda bonds. It also had the features m88 bonus TLAC (total loss absorbency).

Veolia Environnement Panda Bonds

In December 2019, Veolia Environnement successfully issued two directional debt financing instruments, with a total amount m88 bonus 1.5 billion yuan in the domestic interbank market. JunHe, acting as the legal adviser m88 bonus the underwriter (standard chartered China and BNP Paribas China) participated in the project.

Veolia Environment was the first China-France panda issuer in the Chinese bond market by private placement in 2016 and JunHe was engaged as their legal adviser. The public m88 bonusfering system was registered and issued in accordance with the new regulations m88 bonus the NAFMII regarding "private placement" by Veolia Environnement.

Cassa depositi e prestiti S.p.A. Panda Bonds

In August 2019, Cassa depositi e prestiti S.p.A. successfully completed the issuance m88 bonus one billion yuan financial bonds in the domestic interbank market m88 bonus China. As the domestic legal advisor m88 bonus the issuer in this project, JunHe participated in the drafting m88 bonus the Chinese prospectus, the amendment m88 bonus the transaction documents, the preparation m88 bonus the declaration documents, the issuance m88 bonus the domestic legal opinions, the issuance and other links, and provided a comprehensive domestic legal service for this project.

This project was notable for many ‘firsts’:

l The first panda bond issuer from Italy;

l The first European financial institution to issue panda bonds in China;

l The first national promotion agency to issue bonds in China.

Malayan Banking Berhad Panda Bonds

In June 2019, Malayan Banking Berhad successfully completed financial bonds m88 bonus two billion yuan in the domestic inter-bank market. JunHe, acting as the domestic legal advisors m88 bonus the lead underwriter (China Development Bank, BNP Paribas China, HSBC China, and Industrial and Commercial Bank m88 bonus China) participated in the project.

The two billion yuan raised in this project will be used for activities related to the "One Belt and One Road" initiative, including but not limited to domestic and overseas support. It was the second issue m88 bonus a bond issuance in the Chinese bond market and the first simultaneous issue m88 bonus two maturities for a panda bond issuer. Malayan was the first investor in 2017 to "issue bonds in China," and JunHe was involved as a legal adviser to the lead underwriter (CDB, HSBC China).

BMW Finance N. Panda Bonds

In March 2019, BMW Financial Co., Ltd. successfully issued a targeted debt financing instrument with three billion yuan in the domestic inter-bank market. JunHe, acting as the legal advisor to the lead underwriter (Bank m88 bonus China, Citic Securities), participated in the project.

BMW Financial Co., Ltd. was the first European issuer m88 bonus panda bonds and was the first auto finance company issuing panda bonds after the National Association m88 bonus dealers issued the Interim Measures for the Administration m88 bonus Bond Issue m88 bonus Overseas Institutions in the National Inter-bank Bond Market in September 2018.

The leading partner m88 bonus the aforesaid panda bond projects wasm88 casino app Award.

m88 bonus has always been a market leader for panda bond legal services. Other representative projects include:

• The first panda bond project (Asian Development Bank Panda Bond)The first green panda bond project (New Development Bank Panda Bond)SDR Project m88 bonus the first single overseas commercial bank (Standard Chartered Bank (HK) RMB Special Drawing Rights) issue

• The first North American commercial bank panda bond project (National Bank m88 bonus Canada Panda Bond)The first panda bond issuance by a sovereignty from the Middle East (The Government m88 bonus the Emirate m88 bonus Sharjah Panda Bond)

• The first panda pond issuance in a guarantee structure (Air Liquide Panda Bond)

• The first panda bond issuance on the stock exchange bond market (China Gas’s Panda Bond)