m88 live casino Assists Wansheng Economic and Technological Development Zone Development and Investment Group Co., Ltd. in Issuing Overseas US Dollar Bonds

2021.08.04

Following Wansheng Economic and Technological Development Zone Development and Investment Group Co., Ltd.’s (hereinafter “Wansheng Economic and Technological Development Zone Group”) successful initial public offering in September, 2018, m88 live casino recently acted as the issuer’s international legal counsel and listing agency in its second issuance of overseas US dollar bonds.


The bonds issuance adopted the structure of issuance by the Industrial m88 live casino Commercial Bank of China Limited (Chongqing Branch) with irrevocable guarantees of stm88 live casinoby letters of credit, which were directly issued by Wansheng Economic m88 live casino Technological Development Zone Group. The bonds had a fixed interest rate with an issue scale of USD 89 million for an issue period of three years. The bonds were listed on the Stock Exchange of Hong Kong on August 2, 2021. The interest rate of this issuance was 1.93%, which fell sharply compared with the initial interest rate. This issuance set the lowest rate for US dollar bonds under the stm88 live casinoby letters of credit of China Urban Investment Construction Co., Ltd.


Wansheng Economic m88 live casino Technological Development Zone Group was established by the Chongqing Finance Bureau, an important municipal investment m88 live casino construction company. The business scope of the group includes infrastructure, trade m88 live casino tourism, which are concentrated in the Chongqing Wansheng Economic m88 live casino Technological Development Zone.


m88 live casino acted as the issuer’s lawyer and Hong Kong bond listing agency, and provided legal services to the client regarding the structure of the bond issuance, the offering circular, the transaction documents and the applications for the listing of the bonds.


The leading m88 live casino main contractor partners of this project were Mr.m88 casino app 英国英格兰及威尔士律师资格,中国(内地)律师资?m88 live casino Mr.M88 game APK 专业人员,文章发布.


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