DeHeng Hong Kong advised Nanchang Jinkai Group Co., Ltd. (南昌金開集團有限公司) as Issuer on the issuance of U.S.$186,000,000 listed bonds on the HKSE

2024-06-06

DeHeng Law Offices (Hong Kong) LLP advised Nanchang Jinkai Group Co., Ltd. (the “Issuer”, together with its subsidiaries, the “Group”) on the issuance of U.S.$186,000,000 7.00 per cent. credit enhanced bonds due 2027 with the benefit of an irrevocable standby letter of credit issued by Bank of Jiujiang Co., Ltd. (the “Bonds”) which is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 5009).

Established in September 2015, the Group is the primary urban construction and operation entity in Nanchang Economic and Technological Development Zone (“NETDZ”). The Group is primarily engaged in the business of urban construction (including infrastructure construction, social housing construction and the management and maintenance of municipal infrastructure), property leasing, trading, right of use, design and other businesses. Leveraging on the development of NETDZ, strong shareholder’s support and the experienced management team of the Group, the Group has played an important role in the development of NETDZ. 

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, Sophia Chan, Evelyn Fan, Fairy Wang, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung and Sandy Liu.