DeHeng Assisted Haitong Unitrust in the Registration of Series 11-20 ABS

2024-12-05

Recently, Haitong Unitrust International Leasing Co., Ltd. (hereinafter referred to as “Haitong Unitrust”), as the originator, obtained a no-objection letter from the Shanghai Stock Exchange for the “Haitong Unitrust Series 11-20 Asset-Backed Securities,” registering the project on the Shanghai Stock Exchange. The project has a shelf scale of RMB 6 billion, with the first tranche planning to issue no more than RMB 800 million. The underlying assets of this ABS series are the rights to rent and purchase price claims, ancillary security interests, and other rights under the financial leasing contracts.  

As the legal advisor for this project, the DeHeng team, led by partner Zhao Zhidong and with primary support from Sun Xinyi, conducted legal due diligence and issued establishment legal opinions. They worked closely with the issuer and other intermediaries and provided comprehensive, professional, efficient, and high-quality legal services for the registration.