Zhong Lun Advises East Hope on Issuance of RMB350 Million Short-Term Bond
Zhong Lun Advises East Hope on Issuance of RMB350 Million Short-Term Bond
On December 28, 2010, Shanghai East Hope Animal Nutrition Food Co., Ltd. successfully issued a short-term bond (Abbr.: 10上营CP01, the “Bond") in the National Inter-bank Bond Market. The Bond is a 365-day bond with the issuance amount of RMB350 million, and interest rate at 5.02% p.a.
Zhong Lun was engaged to act as legal counsel of the issuer. Professionals involved included partner Ge Yongbin and Fu Qiang.
Bank of Nanjing was the underwriter and bookrunner of the Bond. Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. was the credit rating institution.
Shanghai East Hope Animal Nutrition Food Co., Ltd., established by Mr. Liu Yongxing and his family, principally engages in the R&D, processing, production and sales of feed stuff in more than twenty provinces, municipalities and autonomous regions in China.