Huzhou Wuxing Industrial Investment Development’s $150 Million Bonds Offering

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Wuxing Industry Investment Husheng Company Limited on the deal.

Wuxing Industry Investment Husheng Company executed the issuance of US$150 million 4.0% credit enhanced bonds due 2025 guaranteed by Huzhou Wuxing Industrial Investment Development Group Co., Ltd. and supported by an irrevocable standby letter of credit provided by Bank of Shanghai Co., Ltd. Hangzhou Branch and listed on the Stock Exchange of Hong Kong Limited.

The Group is a state-owned enterprise controlled by the State-owned Capital Supervision and Administration Service Center of Wuxing District Huzhou City.

The Chungs Lawyers team was led by Lily Liang (Picture), and included Jason Wong, Vanessa Lai, Catherine Kwok, Dexter Yeung, Lilian Kwong, Evelyn Fan, Fairy Wang, Jeff Wang, Andy Kwok, Neil Wang and Sherry Zhang.

Involved fees earner: Evelyn Fan – Chungs Lawyers (in association with DeHeng); Catherine Kwok – Chungs Lawyers (in association with DeHeng); Andy Kwok – Chungs Lawyers (in association with DeHeng); Lilian Kwong – Chungs Lawyers (in association with DeHeng); Vanessa Lai – Chungs Lawyers (in association with DeHeng); Lily Liang – Chungs Lawyers (in association with DeHeng); Jeff Wang – Chungs Lawyers (in association with DeHeng); Fairy Wang – Chungs Lawyers (in association with DeHeng); Neil Wang – Chungs Lawyers (in association with DeHeng); Jason Wong – Chungs Lawyers (in association with DeHeng); Dexter Yeung – Chungs Lawyers (in association with DeHeng); Sherry Zhang – Chungs Lawyers (in association with DeHeng);

Law Firms: Chungs Lawyers (in association with DeHeng);

Clients: Huzhou Wuxing Industrial Investment Development;