DeHeng Again Advised China Three Gorges Corporation on Its Successful Offshore Bond Issuance

2025-11-04

In October 2025, Three Gorges Finance I (Cayman Islands) Limited, an offshore subsidiary of China Three Gorges Corporation (“CTG”), successfully issued a 3-year USD 700 million senior unsecured fixed-rate bond with a coupon rate of 3.60%, guaranteed by CTG.

As CTG’s PRC legal counsel, the DeHeng team, with primary support from Hou Zhiwei, Zhang Yan, and Yang Youqi, again assisted the company in completing the issuance.