Hylands Assists China Datang Corporation Ltd. in the Successful Issuance of Renewable Corporate Bonds (Phase I) for Professional Investors in 2022

Hylands has assisted China Datang Corporation Ltd. in the successful issuance of 2022 renewable corporate bonds (Phase I) for professional investors, with a total registered size of RMB 20.5 billion and a coupon rate of 3.03%, which is the lowest interest rate ever in the market for the same category and maturity.

China Datang Corporation Ltd. is one of the five largest power generation groups in China as well as a state-owned ultra-large energy enterprise under the direct management of the Central Government.

Wei Yang, Partner and Lawyer, Tao Shan, Partner and Lawyer, as well as Lawyers Jing WANG, Haisha XUE , Xiaoxiao GAO, etc. from Hylands, have provided comprehensive legal services for the current issuance. The lawyer team of Wei Yang, Partner of Hylands, has been engaged in the energy industry for a long period of time, with a focus on providing comprehensive and high-quality legal services for energy companies. Up to present, Wei Yang's lawyer team has assisted in the issuance of various bonds and debt financing instruments amounting to RMB hundreds of billions for energy companies.