Chengdu Communications Investment Group Co., Ltd. (hereinafter, “Chengdu Communications Group”) issued a bond of USD 400 million on December 20, 2018. The bond period is three years with a coupon interest of 5.125%.
Established in 2007, Chengdu Communications Group mainly undertakes the investment, financing, development, construction and operation and management of Chengdu’s transportation infrastructure projects. It has undertaken more than 300 government-invested projects and finished a total investment of nearly RMB 80 trillion, and has completed the construction of a large number of projects for urban infrastructures and transportation.
JunHe served as the underwriter’s lawyer for the project, conducting basic legal due diligence on Chengdu Communications Group and its domestic subsidiaries, issued PRC legal opinions and provided full legal services for PRC legal issues involved in this project. This is the first collaboration between the JunHe Shanghai Office and the newly-established JunHe Chengdu Office in an offshore project. Throughout the process, the two offices worked closely together to improve service efficiency and save costs for the client, and received high praise from the client.