AllBright-Advised Jiujiang Bonds Successfully Issued
2013-03-266461On March 13, 2013, Jiujiang State-owned Assets Management Co., Ltd’s corporate bonds were successfully issued to China’s domestic institutional investors. AllBright represented the company in preparing for the issuance.
The value of these corporate bonds totaled 900 million yuan with a seven-year maturity. The proceedings will be used to build a residential community for people relocated because of the Bali Lake water resource project, as well as to fund the project’s construction.
AllBright attorneys, including Senior Partner Xu Jun and Associate Li Mingwen, advised Jiujiang State-owned Assets Management Co., Ltd. on the issuance.
