DeHeng Assisted Guangde SAIC in JPY Bond Issuance

2024-11-12

Guangde State-Owned Assets Investment Management Co., Ltd. (“Guangde SAIC” for short) directly issued JPY 4.1 billion in bonds overseas in November 2024, with Anhui Xingtai Financing Guarantee Group Co., Ltd. providing credit enhancement. The bonds carry a coupon rate of 2% and a maturity of 3 years.

As the PRC legal advisor for this issuance, the DeHeng team, with primary support from Hou Zhiwei, Zhang Yan, Hu Xueyuan, Yang Youqi, and Wang Hetong, assisted Guangde SAIC in completing the issuance.