DeHeng Advised GreatWall Life on the Offering of Tranche-1 ABS Derived from Life Insurance Policies

2023-12-29

On December 29, 2023, the GreatWall Life Insurance Policy Tranche-1 Asset-Backed Securities (ABS) was successfully issued on the Shanghai Stock Exchange. The original equity holder was GreatWall Life Insurance Co., Ltd., and the asset manager Guotai Junan Securities Asset Management Co., Ltd.

As the legal counsel for the offering, the DeHeng team, led by partners Jia Hui and Tan Kunlun of its Beijing Office, and with primary support from lawyers Sheng Li, Yu Bing, Li Longhui, Fu Ranran and Zhang Youran, provided the client with professional and efficient legal services including designing the transaction structure, screening underlying assets, drafting transaction documents and legal opinions, and legal consulting.