DeHeng Advised Haixia Bank of Fujian

on Issuing 2020-1 Tier 2 Capital Bonds

2020-10-15

Haixia Bank of Fujian recently issued the 2020-1 Tier 2 capital bonds worth RMB 1.5 billion, with the term of 5+5 years and the coupon rate 4.6%.

Haixia Bank was opened in December 1996, headquartered in Fuzhou, and has nine branches in Xiamen and Quanzhou in Fujian and Wenzhou in Zhejiang. After steady growth, it has grown into a major financial institution serving regional economic development. 

As the legal counsel for the issuance, the DeHeng team, led by partner Liu Chao, with primary support from lawyer You Huimei, trainee lawyer Li Zhimin, and project secretary Zhai Yu, provided comprehensive, high-quality, and efficient legal services for the client, fully demonstrating DeHeng’s professional strength in serving the capital market and banking and financial fields.