Nanxun New Town Investment Development Group’s Bonds Offering

Chungs Lawyers advised Huzhou Nanxun New Town Investment Development Group on the deal.

Huzhou Nanxun New Town Investment Development Group Co., Ltd. executed the issuance of US$40 million 3.90% credit enhanced bonds due 2025 supported by an irrevocable Standby letter of credit provided by China Zheshang Bank Co., Ltd. Huzhou Branch.

Huzhou Nanxun New Town Investment Development Group is a state-owned enterprise located in Huzhou, Zhejiang Province, China, wholly owned by Huzhou Nanxun Xinkai Construction Group Co., Ltd. The Group is one of the major operating entities for urban development in Huzhou with the business scope including agency construction, land preparation and development, training services, and design services.

The Chungs Lawyers team included Lily Liang (Picture), Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Catherine Kwok, Dexter Yeung, Lilian Kwong, Fairy Wang, Evelyn Fan, 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); Darryl Ting – Chungs Lawyers (in association with DeHeng); Fairy Wang – Chungs Lawyers (in association with DeHeng); Neil Wang – Chungs Lawyers (in association with DeHeng); Jeff Wang – Chungs Lawyers (in association with DeHeng); Jason Wong – Chungs Lawyers (in association with DeHeng); Dexter Yeung – Chungs Lawyers (in association with DeHeng); Christina Yip – Chungs Lawyers (in association with DeHeng); Sherry Zhang – Chungs Lawyers (in association with DeHeng);

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

Clients: Huzhou Nanxun New Town Investment Development ;