DeHeng Advised Radiance Holding (Group)
on USD-denominated Green Bond Issuance Overseas
2021-09-15
Radiance Holdings (Group) Co., Ltd. (9993.HK) issued the first overseas USD green bond on the Hong Kong Stock Exchange on September 13, 2021, with a scale of USD 300 million, the term of 2.5 years, and the coupon rate of 7.8%. The joint global coordinators, joint book runners, and joint lead managers were Guotai Junan International, CICC, Haitong International, Bank of Communications International, BoFA Securities, China Merchants Securities, CMB International, Credit Suisse, Deutsche Bank, HSBC, Hawtai International, and Morgan Stanley.
As the issuer's Chinese legal counsel, the DeHeng team was led by partner Zhang Xiaodan of its Beijing office, with primary support from Chang Mengtian and Long Chi, and provided comprehensive, professional, efficient, and high-quality legal services for the issuance. DeHeng has provided the client with legal services over the years and won its trust and support.