DeHeng advised China Yangtze Power on the offering.
China Yangtze Power issued China’s first batch of sustainability-linked bonds in the inter-bank bond market. The bonds, with a term of three years, a coupon rate of 3.40%, raised an amount of RMB 1 billion, and were 4.13 times oversubscribed, which shows the investors’ full acknowledgement of the excellent credit of the issuer.
China Yangtze Power operates power generation businesses.
The DeHeng team was led by partners Xu Jianjun (Picture), Yang Xinghui, as well as lawyers Wang Huakun and Zhong Yaqiong
Law Firms: DeHeng Law Offices;
Clients: China Yangtze Power Company;