8 Jun 2022

Stevenson, Wong & Co. acted for Zunyi Road and Bridge Construction (Group) Limited on its successful US$165 million 3-year Offshore Bond Issuance

Stevenson, Wong & Co. acted for Zunyi Road and Bridge Construction (Group) Limited (the “Issuer”) in its successful issue of US$165 million 7.2% 3-year bonds due in 2025. Haitong International Securities Company Limited acted as the sole global coordinator. Haitong International Securities Company Limited, Glory Sun Securities Limited, SPDB International Capital Limited and CLSA Limited acted as the joint lead managers and joint bookrunners.

The Issuer, established in the PRC, is a large construction company headquartered in Zunyi, Guizhou province. Its business primarily focuses on infrastructure projects in Zunyi and other cities in Guizhou province. The Issuer has also obtained a broad range of industry qualifications, as well as an entity credit rating of “AA+”.

Our team was led by our partner Mr. Rodney Teoh, supported by team members including Ms. Angela Lau (associate), Mr. Calvin Lo (trainee solicitor), Ms. Carmen Liu (trainee solicitor) and Ms. Celine Chen (paralegal).

Please contact our partner Mr. Rodney Teoh and associate Ms. Angela Lau for any enquiries or further information.

This news update is for information purposes only. Its content does not constitute legal advice and should not be treated as such. Stevenson, Wong & Co. will not be liable to you in respect of any special, indirect or consequential loss or damage arising from or in connection with any decision made, action or inaction taken in reliance on the information set out herein.