DeHeng Advised Jiande Urban Development and Investment

on Issuing RMB 1.5 Billion Green Bonds in Private

2020-08-31

On August 28, 2020, Jiande Urban Development and Investment Co., Ltd. privately issued 3-year green bonds worth 1.5 billion yuan with a coupon rate of 4.8%.  

Jiande Urban Development and Investment is an important state-owned asset and public-utility operator in Jiande City. As the city's leading infrastructure investor and constructor, its primary business includes the construction of government-subsidized housing, comprehensive land development, and operation of public utilities (including water supply, sewage treatment, pipe network laying, etc.). 

As the issuer's legal counsel, the DeHeng team was led by partner Huang Jianing, with primary support from lawyer Xu Meiqian and paralegal Yu Wei and assistance from partner Zhang Lihao and lawyer Xu Xiaoying. They worked closely with the issuer, underwriters and other institutions and provided comprehensive, professional, efficient, and high-quality legal services for the issuance, winning high praises from the client.