Han Kun Hong Kong advises on Foshan Sanshui Investment and Development Group Co., Ltd.'s CNY1.6 billion offshore green bond offering
October, 2024 - Beijing, Mainland China
Han Kun Law Offices LLP ("Han Kun Hong Kong") has advised Foshan Sanshui Investment and Development Group Co., Ltd. ("Sanshui Development Group") on its CNY1.6 billion green bonds (the "Bonds") offshore offering as the issuer's international counsel as to English law and Hong Kong law.
The coupon rate of the Bonds is 3.08%, recording the lowest coupon rate of CNY denominated offshore bond offering under direct issuance structure by a PRC state-owned enterprises with "AA+" rating under the prevailing market conditions.
Sanshui Development Group is the largest and the first "AA+" rated state-owned enterprise in Sanshui District of Foshan City, Guangdong Province.
