Cases
Hylands Assists Huaian Development Holdings Co., Ltd. in Issuing USD 200 Million of Overseas Bonds
On April 28, 2022, Huaian Development Holdings Co., Ltd. (hereinafter referred to as the "Huaian Development Holdings") successfully issued RMB 200 million overseas bonds with a coupon rate of 5% on the Singapore Exchange Ltd. Hylands Law Firm (hereinafter referred to as "Hylands") has served as legal advisor to Huaian Development Holdings and provided legal services for the Project.
Huaian Development Holdings is a state-controlled enterprise, and is a wholly state-owned company established in 2005 with the approval of Huaian Municipal People's Government and subordinate to the Management Committee of Huaian Economic and Technological Development Zone. The main responsibilities include raising construction funds on behalf of the Management Committee of the Development Zone and, as the main body of investment in state-owned assets, undertaking the investment, development, management and operation of state-owned assets within the scope of authorization.
The Project was led by Partner Wenhao DONG, with the participation of Mengyao WU, Siqing LUO and Youyi WEI, all of whom have been involved at all stages of the Project, providing professional legal services for this offshore bond issuance.
The capital market segment is one of the most competitive core services of Hylands. As one of the initial law firms in China engaged in the capital market practices, Hylands has in-depth experience in providing comprehensive legal services to customers in complex and fluctuating capital market transactions. Over the past two decades, Hylands has cumulatively provided domestic and overseas capital market legal services to hundreds of companies, and completed a large number of complex and innovative domestic and overseas IPOs and listings, re-financings, bond issues and other projects, covering stock exchanges in Shanghai, Shenzhen, Hong Kong, Singapore, New York, Nasdaq, Toronto, etc.