DeHeng Assisted Port of Lianyungang Group Co., Ltd. in Issuing USD 310 Million Offshore Bonds

2025-04-27

Port of Lianyungang Group Co., Ltd. issued USD 310 million of three-year senior unsecured guaranteed sustainability bonds through its offshore subsidiary, Shanhai (Hong Kong) Investment & Development Co., Ltd., on the Singapore Exchange in April 2025. The bonds have a coupon rate of 4.85%, marking the lowest interest rate for pure credit U.S. dollar bonds issued by a Jiangsu-based enterprise in the past year.

As the P.R.C. legal advisor for the underwriters of this project, the DeHeng team, with primary support from Hou Zhiwei, Zhang Yan, Huang Junfu, Yang Youqi, and Jin Songjin, assisted the issuer in completing this issuance.