Yi Hong International Development Co., Ltd.’s $100 Million Bonds Offering

Conyers, working alongside White & Case, advised Yi Hong International Development Co., Ltd. in connection with the issue. Chungs Lawyers advised the managers and the trustee.

Yi Hong International Development Co., Ltd, an indirect wholly owned subsidiary of Ningbo Nanbin Group Co., Ltd., issued an aggregate amount of US$100 million 3.50% guaranteed bonds due 2024 which are unconditionally and irrevocably guaranteed by Ningbo Nanbin Group.

Ningbo Nanbin Group is one of the primary state-owned infrastructure construction and asset management platforms of the Ninghai Municipal Government focusing on road construction, security housing, ancillary facilities construction, and river control construction in Ninghai.

The Conyers’ team consisted of Partner Richard Hall (Picture) and Associate Ryan McConvey. 

Silk Road International and China Zheshang Bank Co., Ltd. (Hong Kong Branch) were appointed as Joint Bookrunners and Joint Lead Manager.

The Partner of Chungs Lawyers, Lily Liang, led the team includes Tracy Wong, Jason Wong, Lawrence Lam, Dexter Yeung, Lilian Kwong, Amber Cao, Evelyn Fan, and Fairy Wang.

 

Involved fees earner: Fairy Wang – Chungs Lawyers (in association with DeHeng); Amber Cao – Chungs Lawyers (in association with DeHeng); Evelyn Fan – Chungs Lawyers (in association with DeHeng); Lilian Kwong – Chungs Lawyers (in association with DeHeng); Lawrence Lam – Chungs Lawyers (in association with DeHeng); Lily Liang – Chungs Lawyers (in association with DeHeng); Jason Wong – Chungs Lawyers (in association with DeHeng); Tracy Wong – Chungs Lawyers (in association with DeHeng); Dexter Yeung – Chungs Lawyers (in association with DeHeng); Richard Hall – Conyers Dill & Pearman; Ryan McConvey – Conyers Dill & Pearman;

Law Firms: Chungs Lawyers (in association with DeHeng); Conyers Dill & Pearman;

Clients: China Zheshang Bank; Silk Road International Capital Limited; Yi Hong International Development Co., Ltd ;

Sonia Carcano

Author: Sonia Carcano