DeHeng Advised Sanfeng Environment Group Co., Ltd. on Public Offering of Green Medium-term Notes of 2021 (Tranche 1)

2022-01-01

In December 2021, Chongqing Sanfeng Environment Group Co., Ltd. issued the first tranche of green medium-term notes for 2021 amounting to RMB 1 billion, with the coupon rate of 3.01% and a term of three years. Sanfeng Environment and the notes were both rated AAA. According to the Lianhe Equator Green Bond Assessment and Certification Method System (LEIS0002-2021), the green medium-term notes performed extremely well in the green rating of funded projects, use and management of raised funds, project evaluation and screening, information disclosure and reporting and industrial policy, and were rated G1.

As the legal counsel for the offering, the DeHeng team was led by lawyer Peng Song of Chongqing's Securities Department, with primary support from lawyer Luo Yi and trainee lawyer Hu Xiejun, and provided whole-process legal services for the client. Their professional and efficient legal services were fully recognized by the client.