DeHeng's Hong Kong Associated Firm Advised the Managers and Trustee on EUR60 million listed bonds guaranteed by Zhejiang Anji State-controlled Construction and Development Group Co., Ltd (浙江安吉国控建设发展集团有限公司)

2023-03-02

Chungs Lawyers, the associated firm of DeHeng in Hong Kong, advised the Managers and Trustee on Zhejiang Anji Construction Development (Hong Kong) Co., Limited (the “Issuer”) on its issuance of EUR60 million 5.50 per cent. bonds due 2024 unconditionally and irrevocably guaranteed by Zhejiang Anji State-controlled Construction and Development Group Co., Ltd (the “Guarantor”, together with its subsidiaries, the “Group”) and listed on The Stock Exchange of Hong Kong Limited (the “SEHK”).

Since its establishment in 2010, the Group has been one of the primary entities for the construction of significant city infrastructure and tourist attractions within the Anji Economic Development Zone of Anji County. The Group  serves the dual purposes of supporting local social and economic development and achieving business growth. The Group has leveraged on the robust economic growth of Anji County and favourable business and financial supports from the local government authorities, to develop and expand its business.

Listing of the bonds on the SEHK (Stock code:5695) commenced on 28 February 2023.

The partner of Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, Lily Liang, led the team including Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Dexter Yeung, Lilian Kwong, Fairy Wang, Evelyn Fan, Jeff Wang, Andy Kwok, Neil Wang, Sherry Zhang and Liz Tang.