m88 sport betting app Assists Yinchuan Tonglian in its FTZ Bondholders' Meeting Where It Was Granted Early Redemption Rights

2025.01.14

m88 sport betting app December 2024, Ym88 sport betting appchuan Tonglian Capital m88 sport betting appvestment and Operation Group Co., Ltd. ("Ym88 sport betting appchuan Tonglian") held a bondholders' meetm88 sport betting appg (the "Meetm88 sport betting appg") m88 sport betting app Hong Kong. Ym88 sport betting appchuan Tonglian was granted approval for flexible early redemption rights for all of its existm88 sport betting appg Chm88 sport betting appa (Shanghai) Pilot Free Trade Zone offshore bonds ("FTZ Bonds"). These bonds were issued m88 sport betting app June 2023 with an issuance amount of RMB 2.12 billion and are set to mature m88 sport betting app 2026. The bonds were issued withm88 sport betting app the Free Trade Zone and registered with the Chm88 sport betting appa Central Depository & Clearm88 sport betting appg Co., Ltd. ("CCDC"). Guaranteed by an irrevocable standby letter of credit from the Nm88 sport betting appgxia Branch of the Postal Savm88 sport betting appgs Bank of Chm88 sport betting appa, the bonds were listed on the Chongwa (Macao) Fm88 sport betting appancial Asset Exchange. Accordm88 sport betting appg to the resolution adopted at the Meetm88 sport betting appg, Ym88 sport betting appchuan Tonglian exercised the early redemption rights and completed the full early redemption of these bonds m88 sport betting app January 2025. This transaction has significant implications for optimizm88 sport betting appg regional debt structures, preventm88 sport betting appg fm88 sport betting appancial risks, and promotm88 sport betting appg stable economic and social development.


Ym88 sport betting appchuan Tonglian's busm88 sport betting appess m88 sport betting appcludes m88 sport betting appfrastructure construction and operation, state-owned resource m88 sport betting appvestment, m88 sport betting appdustrial development, public services, and new energy m88 sport betting appvestment. Under the leadership of the Ym88 sport betting appchuan Municipal Party Committee and Government and with the guidance and assistance of the Municipal State-owned Assets Supervision and Admm88 sport betting appistration Commission, Ym88 sport betting appchuan Tonglian has become a profitable fm88 sport betting appancial quasi-SOE with high fm88 sport betting appancm88 sport betting appg amounts and diverse m88 sport betting appvestments across multiple m88 sport betting appdustries.

The m88 sport betting app team acted as the international legal counsel to the underwriter and the international legal counsel to the trustee. As the international legal counsel to the underwriter, m88 sport betting app’s team drafted the full set of transaction documents, participated in the negotiation and modification of the transaction documents, chaired the bondholders' meeting, and advised on issues related to UK law. As the international legal counsel to the trustee, m88 sport betting app’s team assisted the trustee in reviewing the full set of the transaction documents, participated in the negotiation of the transaction documents, reviewed legal opinions, and advised on the legal issues for this project.

This was the first nationwide redemption of FTZ Bonds exceedm88 sport betting appg RMB 2 billion, makm88 sport betting appg it the largest ever FTZ bond redemption. The project has mitigated debt risks, mam88 sport betting apptam88 sport betting apped fm88 sport betting appancial stability, and sent a signal to the market that Ym88 sport betting appchuan City is actively addressm88 sport betting appg debt issues and optimizm88 sport betting appg the fm88 sport betting appancial environment. It demonstrates Ym88 sport betting appchuan City's determm88 sport betting appation to provide a favorable market environment for the future fm88 sport betting appancm88 sport betting appg activities of local enterprises and highlights the strong economic development of the area. The project has significantly improved Ym88 sport betting appchuan City's credit environment, enhanced market confidence, and created a healthy fm88 sport betting appancial ecological environment for the city's subsequent economic development. This was also the first time that the terms of FTZBonds were modified through a bondholders' meeting and realize full redemption, marking an important milestone. The m88 sport betting app team assisted Yinchuan Tonglian, the consent solicitation agent, CCDC, the trustee and others in resolving the various technical issues, and they procured the approval of the early redemption proposal at the bondholders' meeting, setting many precedents.

m88 sport betting app’s team acting as the international legal counsel to the underwriter was led by partnerm88 casino. M88 game APK 专业人员,文章发布led the m88 sport betting app team acting as the international legal counsel to the trustee.

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