DeHeng Assisted China South Industries Assets Management Co., Ltd. in Issuing RMB 500 Million Medium-Term Notes
2024-04-12
In April 2024, China South Industries Assets Management Co., Ltd. successfully issued its first tranche of medium-term notes for 2024 in China’s interbank bond market. The issuance amounted to RMB 500 million, with a term of five years and a coupon rate of 2.78%.
In December 2022, DeHeng assisted the company in registering a total issuance quota of RMB 1 billion for medium-term notes in the interbank bond market. The current issuance represents the second tranche under this quota, reflecting strong market confidence in the company’s composite strength and growth prospects.
As the issuer’s legal advisor, the DeHeng team, with primary support from lawyers Hou Zhiwei, Zhang Yan, Wang Jing, Yang Youqi, and Wang Hetong, assisted the client in the successful completion of this issuance.