DeHeng Assisted Xiaogan Gaochuang Investment Co., Ltd. in the Issuance of a RMB 170 Million Dim Sum Bond

2023-08-28

On August 30, 2023, Xiaogan Gaochuang Investment Co., Ltd. issued a 3-year RMB-denominated senior unsecured bond at ChongWa (Macao) Financial Asset Exchange Co., Ltd. (MOX), with a tranche-1 issuance size of RMB 170 million and a coupon rate of 4.80%. This was the first dim sum bond issued by a Hubei-based company.

As the PRC legal counsel for the underwriters, the DeHeng team, with primary support from Hou Zhiwei, Zhou Yi, Zhang Yan, Wang Haoyu and Li Wentao, assisted the issuer in completing the offering.