DeHeng Hong Kong advised Anji Qicai Lingfeng Rural Tourism Investment Co., Ltd (安吉七彩灵峰乡村旅游投资有限公司) as Issuer on the issuance of JPY15.5 billion listed bonds on the HKSE

2024-03-01

DeHeng Law Offices (Hong Kong) LLP advised Anji Qicai Lingfeng Rural Tourism Investment Co., Ltd (the “Issuer”, together with its subsidiaries, the “Group”) on the issuance of JPY15,500,000,000 1.50 per cent. credit enhanced green bonds due 2027 with the benefit of an irrevocable standby letter of credit issued by Bank of Hangzhou Co., Ltd Huzhou Branch (the “Bonds”) which is listed on the Stock Exchange of Hong Kong Limited (the “HKSE”). Listing of the Bonds on the HKSE commenced on 29 February 2024 (Stock Code: 4531).

Established in 2016, the Issuer is a state-owned enterprise ultimately controlled by the Finance Bureau of Anji County. The Group is a primary entity for infrastructure construction in Anji County, Zhejiang Province and is mainly engaged in infrastructure construction business within the Lingfeng Tourist Resort. Leveraging on the robust development of Lingfeng Tourist Resort and Anji County, strong shareholder’s support and the experienced management team of the Group, the Group has played an important role in implementing development plans of the Lingfeng Management Committee and the Anji County People’s Government with respect to the Lingfeng Tourist Resort.

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, Evelyn Fan, Fairy Wang, Dexter Yeung, Lilian Kwong, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Vivian Li and Sophia Chan.