DeHeng (Hong Kong) advised Huzhou Moganshan High-tech Group Co., Ltd. (湖州莫干山高新集团有限公司) on its issuance of U.S.$210.0 million listed bonds

2024-04-17

DeHeng Law Offices (Hong Kong) LLP advised Huzhou Moganshan High-tech Group Co., Ltd. (湖州莫干山高新集团有限公司) (the “Issuer”, together with its subsidiaries, the “Issuer Group”) as the Issuer on its issuance of U.S.$210,000,000 5.48 per cent. guaranteed bonds due 2027, with Huzhou Moganshan State-owned Capital Holding Group Co., Ltd. (湖州莫干山国有资本控股集团有限公司) (the “Guarantor”) as the Guarantor and listed on the Singapore Exchange Securities Trading Limited on 17 April 2024.

Since its establishment in 2018, the Issuer Group has been a key entity undertaking land development projects and municipal infrastructure construction and operation in Mogan Mountain of Huzhou Hi-tech Industry Development Zone. The Issuer Group’s businesses include land development business, infrastructure construction business, resettlement housing business, industrial park business and materials trading business. Leveraging on the development of Huzhou City and Zhejiang Province, strong shareholder’s support and the experienced management team of the Issuer Group, the Issuer Group has played an important role in the development of Huzhou City.

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