Following the US$165 million and US$58.6 million offshore bond issuances earlier in May and June this year, (see our news updates in June and July , respectively), Stevenson, Wong & Co. acted for Zunyi Road and Bridge Construction (Group) Limited (the “Issuer”) in its successful issue of US$45 million 7.5% 3-year offshore bonds due 2025. Pulsar Capital Limited and Shenwan Hongyuan Securities (H.K.) Limited acted as the joint global coordinators, joint lead managers and joint bookrunners for this issuance.
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 KW Lo (associate), Ms. Jess Chung (trainee solicitor) and Ms. Cheyenne Xing (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.