DeHeng (Hong Kong) advised Kaifeng Cultural Tourism Investment Group Co., Ltd (开封市文化旅游投资集团有限公司) on its issuance of CNY590.0 million 8.50 per cent. bonds due 2026 and tap issuance of CNY150.0 million 8.50 per cent. bonds due 2026

2024-02-09

DeHeng Law Offices (Hong Kong) LLP advised the placing agents and the trustee on the issuance of CNY590.0 million 8.50 per cent. bonds due 2026 and tap issuance of CNY150.0 million 8.50 per cent. bonds due 2026 by Kaifeng Cultural Tourism Investment Group Co., Ltd (开封市文化旅游投资集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”). Listing of the bonds on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) (Stock Code: MOXTB24025) has commenced on 6 February 2024 and 7 February 2024 respectively.

Since its establishment in 2010, the Group has carried out infrastructure investment, financing and construction activities and the integration, development, construction and operation of cultural and tourism resources in Kaifeng City. The Group’s businesses include land consolidation and development, tourism, water business, agent construction, real estate development, trading and other businesses. Leveraging on the robust development of Kaifeng City and Henan Province, strong support from shareholders and the expertise of the management team, the Group has undertaken and completed a large number of strategically important projects and played an important role in the development of Kaifeng City.

Lily Liang, the partner of DeHeng Law Offices (Hong Kong) LLP, led the team including Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Dexter Yeung, Vivian Li, Lilian Kwong, Evelyn Fan, Fairy Wang, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang and Calvin Cheung.