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Zhong Lun Advises Hubei Energy Group Co., Ltd. on Issuance of RMB1.45 billion Mid-term Bills
Zhong Lun Advises Hubei Energy Group Co., Ltd. on Issuance of RMB1.45 billion Mid-term Bills
On April 28, 2011, Hubei Energy Group Co., Ltd. announced successful issuance of RMB 1.45 billion worth of mid-term bills, each with par value of RMB 100, a term of three years and an interest rate of 5.33%, on the national inter-bank bond market.
Zhong Lun Law Firm lawyers Guo Kejun, Jia Chen and Qi Qingyu advised Hubei Energy Group Co., Ltd. on the issuance.
Hubei Energy Group Co., Ltd. is a China-based company primarily engaged in development, design, manufacture and sale of automobiles and automobile spare parts, as well as forging presses. Its parent company Hubei Energy Group is the largest state-owned holding group with diversified investment in energy resources and is principally engaged in investment and development of hydropower, thermal power generation, wind power, nuclear power and other renewable energy sources.