Zhong Lun Advises Hongrun Construction Group on Issuance of RMB 220 Million Short-term Financing Bills
Zhong Lun Advises Hongrun Construction Group on Issuance of RMB 220 Million Short-term Financing Bills
On May 16, 2012, Hongrun Construction Group Co., Ltd. (the "Issuer") successfully issued RMB 220 million financing bills in the national inter-bank bond market, with a term of 365 days and a nominal interest rate of 5.7%.
As the legal adviser, Zhong Lun Law Firm provided comprehensive legal services for the issuance. The service team included Ge Yongbin, Fu Qiang and Chen Huihui.
Bank of Shanghai severed as the lead underwriter and book-runner for the issuance while Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. as the credit rating agency.
The main business of the issuer involves the construction of municipal public works, house building projects, urban rail transit engineering and real estate development.