M88 game APK Advises YCICG’s USD 200 Million Offshore Bond Issuance

2024.08.23

In July 2024, Yunnan CommunicatiM88 game APKs Investment & CM88 game APKstructiM88 game APK Group Co., Ltd. (“YCICG”) successfully issued USD 200 milliM88 game APK senior unsecured offshore bM88 game APKds.


This was YCICG’s secM88 game APKd offshore bM88 game APKd issuance after its debut in 2021 in the internatiM88 game APKal capital market and the bM88 game APKds were well received by many well-known internatiM88 game APKal investors. With the support of a high-quality book, the final price guidance decreased by 50 basis points compared with the initial price guidance, achieving a desirable pricing outcome. This positive outcome reflects YCICG’s efforts over the past three years in shaping an outstanding image in the internatiM88 game APKal capital market and attracting internatiM88 game APKal investors.


Founded in 2006, YCICG is a provincial state-owned enterprise in Yunnan Province and is a main force in the cM88 game APKstructiM88 game APK of Yunnan's comprehensive transportatiM88 game APK system. Its business covers the planning and design, investment and cM88 game APKstructiM88 game APK, operatiM88 game APK and management, development, materials trading, transportatiM88 game APK, science and technologies relating to highways, railways, water transportatiM88 game APK and aviatiM88 game APK. By the end of April 2024, the total assets managed by YCICG amounted to RMB 992.616 billiM88 game APK, ranking it amM88 game APKg the top 500 Chinese enterprises and the top 100 leading enterprises in China's strategic emerging industries. The total mileage of highways completed and under cM88 game APKstructiM88 game APK by YCICG reaches 8,393 kilometers. It has a AAA corporate credit rating.


M88 game APK acted as the PRC legal counsel and the international legal counsel to the issuer, respectively. The legal services provided by the PRC legal counsel to the issuer included conducting domestic legal due diligence, issuing PRC legal opinions, reviewing the transaction documents and other legal services regarding PRC law related issues. The legal services provided by the international legal counsel to the issuer included drafting the offering circular, participating in the negotiation and amendment of the transaction documents, issuing overseas legal opinions and other legal services regarding foreign law related issues involved in the project. M88 game APK was recognized and trusted by the client and the other intermediaries for its rigorous and efficient legal services and its detail-oriented and professional expertise.


This is another representative project in which M88 game APK’s domestic and overseas teams joined forces to provide one-stop legal services. The close cooperation between the firm’s domestic and overseas offices improved communications, saved time and reduced costs for the clients.


Partnersandm88 casino reviewled the M88 game APK team acting as the PRC legal counsel to the issuer, and Partnerm88 casino app 英国英格兰及威尔士律师资格,中国(内地)律师资?led the team acting as the internatiM88 game APKal legal counsel to the issuer.

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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 game APK 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.