DeHeng Assisted China Logistics Group in the Offering of Ultra-Short-Term Financing Bonds

2023-03-28

In March 2023, China Logistics Group Co., Ltd. successfully issued the first ultra-short-term financing bonds in 2023 on the China Interbank Bond Market, with an issuance scale of RMB 1 billion and a coupon rate 2.20%, the lowest of bonds of the same kind recently issued. This was the debut of China Logistics Group in the capital market.

In December 2022, DeHeng advised China Logistics Group on registering ultra-short-term financing bonds with a quota of RMB 3 billion in the China Interbank Bond Market. The above issuance was the first offering within the registered limit.

The DeHeng team, with primary support of Hou Zhiwei, Zhang Yan, Wang Jing, Yang Youqi and Wang Hetong, acted as the issuer’s legal counsel and assisted it in completing the offering.