Stevenson, Wong & Co. acted for the placing agents in the successful issuance of CNY484 million 3.35% credit enhanced bonds due 2027 with the benefit of an irrevocable standby letter of credit by Renshou Urban Investment Group Co., Ltd. (the “Issuer”).
The Issuer is a directly wholly-owned company of Renshou County State-owned Assets and Financial Work Bureau. The Issuer is an important investment and management entity of state-owned property and a main operation entity for production and sales of electronic products and wire and optical cable, transfer of own land, water affairs, agent construction service fees, and engineering product in Renshou.
Our team was led by Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau and Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot, and Paralegal Mr. Jay Lee.