DeHeng Advised SND Group on Issuing USD 300 Million Bonds
on Singapore Stock Exchange
2020-12-09
DeHeng’s Hangzhou Office, as the domestic legal counsel for the managers, advised Suzhou SND Group Company Limited (hereinafter referred to as "SND Group") on the issuance of USD 300 million 2.7 per cent bonds (hereinafter referred to as "the Bonds") due 2023 listed on the Singapore Stock Exchange in December 2020 by the overseas subsidiary of SND Group
SND Group, established in 1990, is a wholly state-owned enterprise directly under the Management Committee of Suzhou New District. Aspiring to "Create a Better Urban Life," the Group focuses on urban development, real estate and industrial development, and aims to grow into an integrated service provider for regional development and operation and provide integrated solutions for urban and rural development, people's wellbeing, and high-end industry clustering.
DeHeng's Hangzhou Office with the team led by Partner Huang Jianing and consisting of Lawyers Xu Meiqian, Yu Wei, Zhang Yi, and Gao Qing, acted as the managers' counsel of PRC Laws, , provided whole-process legal services for the issuance of the Bonds. The team worked closely and actively with the issuer, the managers, and overseas counsels, provided comprehensive, professional, efficient and high-quality legal services and won highly praise from the client.
