Zhong Lun Advices Tianjin Municipal Construction Group Co., Ltd. on Municipal Construction Project Bond Issuance in China
Zhong Lun Advices Tianjin Municipal Construction Group Co., Ltd. on Municipal Construction Project Bond Issuance in China
On January 18, 2012, Tianjin Municipal Construction Group Co., Ltd. successfully issued a municipal construction project bond in an aggregate amount of RMB 900 million in China, 720 million of which will be used in Dongjin Road reconstruction project and Gangcheng Avenue project of Binhai New Area, 180 million of which will be used in supplement of the operation funds. The bond has been traded and circulated since February 2, 2012.
Zhong Lun Law Firm acted as legal counsel for the company in the issuance of the bond. Professionals included partner Guo Kejun, associates Wei Haitao and Qi Qingyu. China Securities Co., Ltd. served as the main underwriter.