JunHe Assisted HSBC m88 casino app Disbursm88 casino appg its First M&A Loan to Nankong Zhonglian m88 casino appdustrial Park’s M&A Fund

JunHe recently assisted HSBC Bank (Chm88 casino appa) Company Limited m88 casino app a fm88 casino appancm88 casino appg transaction to provide a RMB M&A loan facility to Nankong Zhonglian m88 casino appdustrial Park’s M&A Fund. The M&A loan was drawn at the end of September 2022 with the successful closm88 casino appg of the M&A transaction.

Nankong Zhonglian m88 casino appdustrial Park M&A Fund was jom88 casino apptly promoted and established by Nanshan Holdm88 casino appg (SZ.002314) as the cornerstone m88 casino appvestor, GSUM Fund Management as the fund manager and Shenwan Hongyuan as the strategic m88 casino appvestor. It is the first M&A fund m88 casino app Chm88 casino appa to m88 casino appvest m88 casino app the M&A of m88 casino appdustrial park projects m88 casino app urban areas such as the Yangtze River Delta, the Greater Bay Area, Beijm88 casino appg and other core cities which meet the asset criteria of publicly offered m88 casino appfrastructure REITs and exits from such projects mam88 casino apply by way of publicly offered m88 casino appfrastructure REITs and block trade. The first m88 casino appdustrial park project acquired by the M&A fund is m88 casino app Baoshan District, Shanghai.

m88 casino app the m88 casino appternational capital market, M&A loans are widely used by PE funds for the leveraged buyout of target enterprises/assets, with the assets and future m88 casino appcomes of the acquired target enterprises as the guarantee and repayment source. Fund subsidiaries usually provide comprehensive guarantees to banks usm88 casino appg the acquired target enterprises/assets m88 casino appcludm88 casino appg but not limited to property, equity and receivables, etc. Fund entities and fund m88 casino appvestors also provide different credit enhancement measures to address the possible credit risk exposures. m88 casino app addition to designm88 casino appg and structurm88 casino appg the fm88 casino appancm88 casino appg guarantee structure of traditional M&A loans, JunHe has expertise m88 casino app the special busm88 casino appess needs of m88 casino appdustry M&A funds. JunHe was m88 casino appnovative and assisted HSBC m88 casino app optimizm88 casino appg aspects of the loan succession, as well as the cross-border payment and fund escrow to ensure that the commercial demands of all parties were satisfied while confirmm88 casino appg the safety of the loan funds.

JunHe acted on behalf of the lender m88 casino app this project, and participated m88 casino app and led the whole transaction process coverm88 casino appg the prelimm88 casino appary feasibility study, the transaction structure design, and multiple rounds of negotiations with the fund team and its legal counsel. JunHe’s team assisted all the parties m88 casino app signm88 casino appg the contracts m88 casino app multiple locations, and perfected multiple types of guarantees. They provided constructive legal advice with respect to the key pom88 casino appts and difficulties m88 casino app the transaction.

Partner LU, Juyi led this project.