Ganzhou Construction Investment Holdings Group’s $270 Million Bonds Offering

DeHeng advised Ganzhou Construction Investment Holdings Group on the offering.

Ganzhou Construction Investment Holdings Group Co., Ltd. issued $270 million of bonds overseas with a coupon rate of 3.40%. Ganzhou Branch of Bank of Jiangxi provided the standby letter of credit for the issuance. Compared with the initial price guide, the bond price was significantly reduced by 40 basis points and the bond was over-subscribed by 2.3 times.

Ganzhou Development Investment Holding Group Co. Ltd. offers investment services. The Company provides assets investment, industrial investment, equity investment, and other services. Ganzhou Development Investment Holding Group also offers capital operation, investment management, infrastructure construction, and other services.

Guotai Junan Securities served as the exclusive global coordinator and the Bank of China as the joint book runner.

The DeHeng team was led by partner Hou Zhiwei (Picture), with primary support from Zhang Yan, Wen Bin, Wang Jing, Hu Xueyuan, Wang Yujia, Xianyu Jiashan, Sun Yuehao and Jiang Yue.

Involved fees earner: Zhiwei Hou – DeHeng Law Offices; Xueyuan Hu – DeHeng Law Offices; Yue Jiang – DeHeng Law Offices; Yuehao Sun – DeHeng Law Offices; Yujia Wang – DeHeng Law Offices; Jing Wang – DeHeng Law Offices; Bin Wen – DeHeng Law Offices; Jiashan Xianyu – DeHeng Law Offices; Yan Zhang – DeHeng Law Offices;

Law Firms: DeHeng Law Offices;

Clients: Ganzhou Construction Investment ;

Author: Sonia Carcano