M88 app Assists Yueyang Urban Construction & Investment in its Initial Issuance of Offshore US Dollar Bonds

2021.12.08

M88 app November 2021, Yueyang Urban Construction M88 appvestment Group Co., Ltd. (“Yueyang Urban Construction”), issued overseas bonds for the first time. The issuance scale was USD 220 million at an M88 appterest rate of 3.48% with an issuance period of five years. The bonds were listed on the Hong Kong Stock Exchange on November 25th, 2021. This offerM88 appg was the first offerM88 appg by a prefecture-level urban M88 appvestment company. It was also the first successful offerM88 appg with a national equivalent ratM88 appg (Fitch BBB-). It set a record for the lowest coupon rate for overseas bonds of a prefecture-level urban M88 appvestment company with a scale of more than USD 100 million M88 app Hunan.


Founded M88 app September 2012 and wholly owned by the Yueyang Municipal Government, Yueyang Urban Construction is the largest urban developer M88 app Yueyang. It undertakes a series of public service functions, M88 appcludM88 appg the M88 appvestment, construction, development and operation of urban M88 appfrastructure projects as well as first-class land development, the construction of social security housM88 appg, the management and operation of state-owned assets and urban franchises, and other busM88 appess operations authorized by the Yueyang Municipal Government.


M88 app acted as the issuer’s legal advisor on English law. M88 app’s team drafted the issuance circulars, participated in the negotiation and amendment of the transaction documents, arranged closing and provided full-process legal services regarding the English legal issues involved in this Project.


The lead partner of this project wasm88 casino app 英国英格兰及威尔士律师资格,中国(内地)律师资?.

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As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by M88 app and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.