Awards
A deal advised by Hylands Rated as the Deal of the Year 2020 by China Business Law Journal
On February 5, China Business Law Journal published the list of 2020 ‘Deals of the Year’ in China. Beijing-Tianjin Expressway issuing RMB 4.25 billion asset securitization project advised by Hylands Law Firm is ranked in the list. Partner Xiao Qun, together with attorneys Li Jie and Zhang Yan served on this project.
The plan was successfully issued on the Shanghai Stock Exchange on October 16, 2020. It is the largest infrastructure fee-based asset securitization project in the past three years, with a total target amount of RMB 4.25 billion. The issuer of the plan is Tianjin Jingjin Expressway Co., Ltd., the underlying asset of the product is the infrastructure toll right, and Capital Securities Co., Ltd. acts as the plan manager. China Chengxin International Credit Rating Co., Ltd. rated the senior asset-backed securities as AAA.
Hylands’ legal team is solid with a strong theoretical foundation and rich practical experience. The team has provided full-process legal services for various types of asset securitization products and quasi-asset securitization products, and has always been in the leading position in the industry. In 2020, Hylands advised on ABS issuance projects that have a total scale of more than 9 billion yuan, ranking among the top in the domestic annual ABS issuance market.
China Business Law Journal prepares the list by considering the importance, complexity, innovation, and deal size of each project. The list recognized 2020 outstanding transactions and cases in four sections: Chinese market transactions, overseas transactions, disputes and investigations, and the Belt and Road Initiative projects.
China Business Law Journal is a well-known bilingual legal journal that serves as a guide for attorneys. It focuses its research on the changes happening in laws and regulations and the practical applications and practices of law. The journal also explores efficient legal strategies to manage complex business transactions.
