Zhongrong International’s $100 Million Bond Offering

Chungs Lawyers advised Zhongrong International Bond 2021 Limited on the offering.

Zhongrong International Bond 2021 Limited completed the issuance of US$100 million 6.80% guaranteed notes due 2022 unconditionally and irrevocably guaranteed by Zhongrong International Holdings Limited with the benefit of a keepwell and liquidity support deed and a deed of equity interest purchase undertaking by Zhongrong International Trust Co., Ltd., and listed on the Singapore Exchange.

Zhongrong International Trust Co., Ltd. is one of the leading trust companies in the PRC. The Group’s principal business is its trust business which includes the design of asset-specific trust products and investment of trust assets in such products. 

The Chungs Lawyers team, the associated firm of DeHeng in Hong Kong, was led by Partner Lily Liang (Picture), Tracy Wong, Jason Wong, Lawrence Lam, Dexter Yeung, Lilian Kwong, Amber Cao, Evelyn Fan, and Fairy Wang.

Involved fees earner: Lawrence Lam – Chungs Lawyers (in association with DeHeng); Lily Liang – Chungs Lawyers (in association with DeHeng); Tracy Wong – Chungs Lawyers (in association with DeHeng); Jason Wong – Chungs Lawyers (in association with DeHeng); Dexter Yeung – Chungs Lawyers (in association with DeHeng);

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

Clients: Zhongrong International Trust;