DeHeng Advised Shaoxing Shangyu Hangzhou Bay Economic Development Zone Holding Group on Issuing FTZ Bonds

2023-03-28

On March 27, 2023, Shaoxing Shangyu Hangzhou Bay Economic Development Zone Holding Group Co., Ltd. successfully listed RMB 1.025 billion worth of senior unsecured China (Shanghai) Pilot Free Trade Zone bonds at ChongWa (Macao) Financial Asset Exchange CO., Ltd., with a maturity period of three years and the coupon rate of 4.50%.

The DeHeng team, with primary support of lawyers Hou Zhiwei, Zhang Yan, Yang Youqi and Li Wentao, advised the issuer on PRC law and assisted it in completing the issuance.