3 Mar 2023

Stevenson, Wong & Co. acted for Guizhou Shuanglong Airport Development & Investment (Group) Co., Ltd. on its successful listing and issuance of US$18.2 million 7.0% Credit Enhanced Bonds (Stock Code: 5735)

Stevenson, Wong & Co. acted for Guizhou Shuanglong Airport Development & Investment (Group) Co., Ltd. (the “Issuer”) in its successful issuance of US$18.2 million 7.0% credit enhanced bonds due in 2026 (the “Bonds”). The Bonds were listed on The Stock Exchange of Hong Kong Limited on 2 March 2023 (Stock Code: 5735).

The Issuer is a state-owned enterprise 90%-owned by the Shuanglong Management Committee and 10%-owned by Guizhou Financial Holding Group Co., Ltd (Guizhou Guimin Investment Group Co., Ltd.). It is the major infrastructure construction, land development, trading, investment, financing, asset and project management platform in the Shuanglong Airport Economic Zone.

Dingxin (Securities) Limited, Shenwan Hongyuan (H.K.) Limited, CEB International Capital Corporation Limited acted as the joint global coordinators, joint bookrunners and joint lead managers. China Zheshang Bank Co., Ltd. (Hong Kong Branch) acted as the joint bookrunners and joint lead managers.

Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Mr. Calvin KW Lo and Trainee Solicitor Mr. Austin Kot.

Please contact our partner Mr. Rodney Teoh for any enquiries or further information.