Rudong Jinxin’s US$150 Million Credit Enhanced Bonds

Paul Hastings LLP advised the joint lead managers on the deal.

AMC Wanhai Securities Limited, Haitong International Securities Company Limited, Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, Industrial Bank Co., Ltd. Hong Kong Branch and Guoyuan Capital (Hong Kong) Limited acted as the joint lead managers in the issuance of US$150 million 2.8% credit enhanced bonds due 2024 by Rudong County Jinxin Transportation Engineering Construction Investment Co., Ltd. (“Rudong Jinxin”).

Located in China’s Jiangsu province, Rudong Jinxin is a state-owned enterprise which focuses on investment in, financing and construction of urban infrastructure projects and land transfer subsequent to consolidation and development in Rudong County in Nantong City.

The Paul Hastings team was led by Jia Yan (Picture), co-chair of the firm’s mainland China offices, and corporate partner James Ma, with support from associates Jeff Lee and Andy Tam, and China associate Yanqiu Liu.

Involved fees earner: Jeff Lee – Paul Hastings; Yanqiu Liu – Paul Hastings; James Ma – Paul Hastings; Andy Tam – Paul Hastings; Jia Yan – Paul Hastings;

Law Firms: Paul Hastings;

Clients: AMC Wanhai Securities Limited; China Galaxy International; CMBC Securities Company Limited; Haitong International Securities Group Limited; Industrial Bank Co. Ltd.; Mizuho Bank; Shanghai Pudong Development Bank;


Author: Michael Patrini