JunHe Assists Nanjing Jiangning Economic m88 casino Technological Development Corporation in Issuing Overseas US Dollar Bonds

Recently, JunHe acted as the international legal counsel m88 casino listing agency for the issuer m88 casino assisted Nanjing Jiangning Economic m88 casino Technological Development Corporation (“Jiangning Economic m88 casino Technological Development”) in the successful issuance of overseas US Dollar bonds through its BVI subsidiary, Jiangning Jingkai Overseas Investment Co., Ltd. The bonds were listed on the Stock Exchange of Hong Kong Ltd. (the “SEHK”).

The bonds issuance adopted the structure of an issuance by an overseas entity with a keepwell m88 casino equity repurchase commitment made by the domestic entity. The issuance is subject to the Regulation S m88 casino has a fixed interest rate with an issue scale of USD200 million. The interest rate was 3.15% m88 casino the issue period was 364 days. The bonds were listed on the SEHK on October 28, 2020. Fitch Ratings (an international rating institution) assigned the bonds a BBB credit rating. It was the first deal of overseas senior bonds issued by Jiangning Economic m88 casino Technological Development.

Jiangning Economic m88 casino Technological Development, established in 1992, is now a state-owned enterprise jointly held by the Jiangning District People's Government of Nanjing Municipality m88 casino the Jiangning Economic m88 casino Technological Development Zone Management Committee. Jiangning Economic m88 casino Technological Development, as authorized by the Nanjing Jiangning Economic m88 casino Technological Development Zone Management Committee, is responsible for the overall planning, organization m88 casino implementation of the lm88 casino development, transfer m88 casino infrastructure construction, as well as the operation m88 casino management of the state-owned assets, the operation of the public utilities, the development of the supporting functions m88 casino investment promotion in the Nanjing Jiangning Economic m88 casino Technological Development Zone.

JunHe acted as the international legal counsel to the Issuer for this project m88 casino provided comprehensive service to the client in connection with the issue structure of the bonds, the offering circular, the transaction documents m88 casino other matters. JunHe as the listing agency of the issuer fully communicated with the SEHK in respect of the listing arrangements, assisted the issuer in obtaining special exemption from the SEHK with regard to certain compulsory requirements in the listing rules m88 casino cooperated with the issuer to successfully complete the listing of the bonds.

The leading partner of this project was Mr.m88 casino app 英国英格兰及威尔士律师资格,中国（内地）律师资?; Partner Mr.M88 game APK 专业人员,文章发布provided great assistance to the project.