Zhong Lun Advises Hubei Energy Group Co., Ltd. on Public Bond Issuance in China
Zhong Lun Advises Hubei Energy Group Co., Ltd. on Public Bond Issuance in China
On December 22, 2011, Hubei Energy Group Co., Ltd. (stock code:000883) issued a public bond in an aggregate principal amount of RMB 1.6 billion in China with the three-year bond rate being 5.83%.
Zhong Lun Law Firm acted as legal counsel for the company in the issuance of the bond. Professionals involved included partners Guo Kejun, Jia Chen and associate Wang Hongyu. Guangfa Securities Co., Ltd. served as the sponsor and the main underwriter.
In 2010, Hubei Energy Group Co., Ltd., principally engaged in variable energies, got listed on Shenzhen Stock Exchange by way of a back-door listing.