Jiangsu Shagang Group’s $300 Million Bonds Offering

JunHe advised the bookrunner in the deal.

Jiangsu Shagang Group Co., Ltd issued USD $300 million three-year bonds through its overseas wholly owned subsidiary, which was unconditionally and irrevocably guaranteed by Shagang Group.

Shagang Group is an enterprise group and an industrial enterprise located in Jiangsu Province with headquarters in Zhangjiagang City, Jiangsu Province. Currently, Shagang Group has five production bases distributed throughout Jiangsu, Liaoning, Henan and other places.

The Bookrunner were Bank of China, CITIC Securities International, China International Capital Corporation (CICC), China Merchants Bank, DBS Bank, Hua Xia Bank, ICBC, Shanghai Pudong Development Bank, Standard Chartered Bank.

The JunHe team was led by partner Yongqiang Yu (Picture).

Involved fees earner: Yongqiang Yu – JunHe;

Law Firms: JunHe;

Clients: Jiangsu Shagang Group Co Ltd;

Author: Sonia Carcano