DeHeng (Hong Kong) advised Hubei Huanchuan State-Owned Capital Investment Operation Group Co., Ltd. (湖北澴川國有資本投資運營集團有限公司) on its issuance of CNY1,140,000,000 7.0 per cent. Bonds due 2027
2024-08-26
DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of CNY1,140,000,000 7.0 per cent. Bonds due 2027 by Hubei Huanchuan State-Owned Capital Investment Operation Group Co., Ltd. (湖北澴川國有資本投資運營集團有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) The bonds will be listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (Stock code: MOXTB24181), with the listing of the Bonds having commenced on 22 August 2024.
The Issuer was established in 2017 and is wholly owned by the State-owned Assets Supervision and Administration Commission of Xiaogan City. The Group has been serving as the core operating entity for infrastructure construction, resettlement housing business, sales of sand and stone materials and labor subcontracting business, engineering construction and materials trade in Xiaogan City. Leveraging on the development of Xiaogan City in recent years, strong shareholder’s support and its diversified businesses, the Group has established itself as a leading company in Xiaogan City and plays an important role in the development of Xiaogan City, Hubei 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, Alethea Chan, Evelyn Fan, Linda Gao, Fairy Wang, Andy Kwok, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Geoffrey Tang, Matthew Mok, Gia Jia and Regina Li.