News

DeHeng Advised Sichuan Provincial Investment Group Co., Ltd. 

on Issuance of U.S. Dollar Bonds

2018-9-29


15382736218476301_副本.png


Sichuan Provincial Investment Group Co., Ltd. successfully issued U.S. dollar bonds on September 2018. The global coordinators of this U.S. dollar bond issuance include Citibank, ICBC International, Bank of China, CCB International, China CITIC Bank International, China Construction Bank (Asia), CMB International, Guotai Junan International and Hong Kong Branch of Shanghai Pudong Development Bank. It has an issue scale of three-year $300 million bonds with a coupon rate of 4.625%.


Sichuan Provincial Investment Group Co., Ltd., a wholly state-owned company managed by Sichuan Provincial State-owned Assets Supervision and Administration Commission, is the mainstay of state-owned assets operations authorized by the Sichuan Provincial People's Government and one of the mainstays of financing and investment for key construction projects. It has developed into a comprehensive capital investment group that covers areas of hydropower, thermal power generation, natural gas power generation, new energy, finance (fund), raw materials, infrastructure construction, tourism development, real estate development, hotel management, sports, food processing, modern medicine, and domestic and foreign trade.


As the Chinese legal counsel of underwriter in this project, DeHeng formed a project team that was led by Hou Zhiwei, a partner of DeHeng Beijing Office, and Wu Hongyu, a partner of DeHeng Chengdu Office, and was supported by DeHeng Beijing Office lawyers Zhang Yan, Zuo Ti, Hu Xueyuan, Yang Jingjing, Xianyu Jiashan and DeHeng Chengdu Office lawyer Zhu Xu. The team provided services for bond issuance, including Chinese legal due diligence, issuing legal opinions, and reviewing and modifying the parts of prospectus and the transaction documents related to Chinese laws.

Relevant Lawyer

  • Yuhong WU

    Partner

    Tel:+86 28 8333 8385

    E-mail:wuyh@dehenglaw.com

Search

QR Code

Scan QR Code
Share With My Friends