DeHeng Assisted Guilin Bank in Issuing Guangxi’s First Technological Innovation Financial Bond

2024-03-05

On March 4, 2024, Guilin Bank successfully issued RMB 2 billion in technological innovation-themed financial bonds in the national interbank market, setting the lowest coupon rate for financial bonds issued by unlisted city commercial banks nationwide. It is the first tech innovation-themed financial bond issued by a financial institution in Guangxi, with the proceeds dedicated to supporting loans for tech innovations and other initiatives with state policy support, fostering steady growth for innovative high-tech companies in the region.

As legal advisor for this project, the DeHeng team was led by partner Zhang Lei from the Shanghai Office, with support from lawyers Zhu Yun and Li Haoyuan, along with trainee lawyer Zhang Jiyao. They worked closely with each other, conducted legal due diligence and compliance reviews, and issued legal opinions, completing all tasks efficiently and to a high standard. Their professionalism and quality of work earned the trust and recognition of the client.