JD.com, Inc. （Nasdaq：JD，hereinafter referred to as “JD” or the “Issuer”） successfully issued USD1 billion bonds on January 14, 2020, comprised of a USD700 million, 3.375%, 10-year tranche and a USD300 million, 4.125%, 30-year tranche. The above-mentioned JD bonds have been listed and traded on the Singapore Exchange (hereinafter referred to as the "Project").
JD is China's largest retailer and a leader in the e-commerce industry, who went public on NASDAQ in May 2014; JunHe served as the PRC counsel to underwriters on JD’s issuance of 26,003,171 ADSs in 2014, and to underwriters on JD’s issuance of $1 billion of bonds in 2016.
As the underwriters’ PRC counsel in this Project, JunHe has undertaken all the work related to Chinese laws, and has completed high-quality and efficient PRC legal due diligence, demonstration of relevant legal issues, review and amendment of issuance documents, issuance of PRC legal opinions and other specific work in a short period of time. JunHe’s in-depth analysis and demonstration of legal issues involved in this Project, multiple suggestions for solution as well as active communication and cooperation with all parties have played an important role towards the successful completion of this Project.
The leading partner of this Project was TAO, Xudong.