DeHeng Advised Longnan Tourism Development Investment (Group) Co., Ltd. on USD Bond Issuance

2023-04-06

Longnan Tourism Development Investment (Group) Co., Ltd. successfully issued USD 60 million bonds on Hong Kong Stock Exchange in March 2023 with a coupon rate of 6.70%. Bank of Jiujiang Co., Ltd. provided the standby letter of credit for the offering.

As the PRC legal counsel for the issuer, the DeHeng team, with primary support of Hou Zhiwei, Zhang Yan, Hu Xueyuan, Liu Di and Wang Haoyu, assisted Longnan Tourism in the successful completion of the offering.