Han Kun's Hong Kong associated law firm advised Huzhou New City Investment Development Group Co., Ltd. on its issuance of US$200,000,000 credit enhanced bonds listed on the Hong Kong Stock Exchange
2022-01-05
Han Kun's Hong Kong associated law firm advised Huzhou New City Investment Development Group Co., Ltd. on its issuance of US$200,000,000 credit enhanced bonds as its international legal advisor. The listing of the bonds with the benefit of an irrevocable standby letter of credit issued by Huishang Bank Corporation Limited on the Hong Kong Stock Exchange (stock code: 40979) commenced on 5 January 2022. The joint global coordinators, joint lead managers and joint bookrunners of the issuance are Haitong International, CNCB Capital and Alpha International Securities.
Huzhou New City Investment Development Group Co., Ltd. as issuer is a key property development and construction entity based in Wuxing District, Huzhou Municipality, Zhejiang province. The company is primarily engaged in infrastructure construction, sale of properties, property leasing and commodities trading.