DeHeng (Hong Kong) advised Kunming Anju Group Co., Ltd. (昆明市安居集團有限公司) on its issuance of USD100 million listed bonds

2024-06-18

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of U.S.100,000,000 8.00 per cent. bonds due 2025 of Kunming Anju Group Co., Ltd. (昆明市安居集團有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) listed on The Stock Exchange of Hong Kong Limited (the “HKEX”). Listing of the bonds on the HKEX (Stock code: 5020) commenced on 17 June 2024.

The Issuer is the sole financing, investment, development, construction and operations management platform for affordable housing projects in Kunming, Yunnan Province. Since its establishment in February 2011, the Issuer has achieved market dominance in key sectors in Kunming, Yunnan Province, including housing rental and sales, operations management and other ancillary businesses. Leveraging on the development of Kunming, Yunnan Province, the Issuer has undertaken and completed a number of affordable housing projects which are of strategic importance to Kunming, Yunnan Province.

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, Sandy Liu, Gia Jia and Luna Zheng.