Ji’an Chengtou Holding Group Co., Ltd’s US$270 Million Notes Offering

Ashurst acted as the international counsel for the Joint Lead Managers on the US$270 million Notes issued by Ji’an Chengtou Holding Group Co., Ltd.

Shenwan Hongyuan Securities (H.K.) Limited and China CITIC Bank International Limited acted as the joint global coordinators, joint bookrunners and joint lead managers. Bank of China Limited, BOCOM International Securities Limited, CNCB (Hong Kong) Capital Limited, Guotai Junan Securities (Hong Kong) Limited, Guoyuan Capital (Hong Kong) Limited and Industrial Bank Co., Ltd. Hong Kong Branch acted as the joint bookrunners and joint lead managers.

Ji’an Chengtou Holding is a state-owned enterprise wholly owned by the Ji’an City State-owned Assets Supervision and Administration Commission, its main business segments including land development and infrastructure construction. The transaction is Ji’an Chengtou Holding’s first offshore notes issuance and also the first offshore notes issued by any company from China’s Jiangxi Province this year. 

The Ashurst team was led by partner Jini Lee (Picture), supported by Lynn Liu, Kristy Tang and Donald Mak. Guantao Law Firm acted as the PRC counsel, led by partners Shaosong Sun, Yue Guan and Michael Chen. 

Involved fees earner: Jini Lee – Ashurst; Lynn Liu – Ashurst; Kristy Tang – Ashurst; Yue Guan – Guantao Law; Shaosong Sun – Guantao Law;

Law Firms: Ashurst; Guantao Law;

Clients: Bank of China; BOCOM International Securities Ltd; China CITIC Bank International; CNCB (Hong Kong) Capital Limited; Guotai Junan Securities Co., Ltd.; Industrial Bank Co. Ltd.; Shenwan Hongyuan Capital (H.K.) Limited ;

Author: Sonia Carcano

Ji’an Chengtou Holding Group Co., Ltd’s US$270 Million Notes Offering

Ashurst acted as the international counsel for the Joint Lead Managers on the US$270 million Notes issued by Ji’an Chengtou Holding Group Co., Ltd.

Shenwan Hongyuan Securities (H.K.) Limited and China CITIC Bank International Limited acted as the joint global coordinators, joint bookrunners and joint lead managers. Bank of China Limited, BOCOM International Securities Limited, CNCB (Hong Kong) Capital Limited, Guotai Junan Securities (Hong Kong) Limited, Guoyuan Capital (Hong Kong) Limited and Industrial Bank Co., Ltd. Hong Kong Branch acted as the joint bookrunners and joint lead managers.

Ji’an Chengtou Holding is a state-owned enterprise wholly owned by the Ji’an City State-owned Assets Supervision and Administration Commission, its main business segments including land development and infrastructure construction. The transaction is Ji’an Chengtou Holding’s first offshore notes issuance and also the first offshore notes issued by any company from China’s Jiangxi Province this year. 

The Ashurst team was led by partner Jini Lee (Picture), supported by Lynn Liu, Kristy Tang and Donald Mak. Guantao Law Firm acted as the PRC counsel, led by partners Shaosong Sun, Yue Guan and Michael Chen. 

Involved fees earner: Jini Lee – Ashurst; Lynn Liu – Ashurst; Kristy Tang – Ashurst; Yue Guan – Guantao Law; Shaosong Sun – Guantao Law;

Law Firms: Ashurst; Guantao Law;

Clients: Bank of China; BOCOM International Securities Ltd; China CITIC Bank International; CNCB (Hong Kong) Capital Limited; Guotai Junan Securities Co., Ltd.; Industrial Bank Co. Ltd.; Shenwan Hongyuan Capital (H.K.) Limited ;

Author: Sonia Carcano