Recently, Sunhold Law Firm assisted Hangzhou High-Tech Industrial Development Zone Assets Management Co., Ltd. to issue the first tranche of 2021 directional debt financing instruments. The financing instruments have a total project size of ¥350 million, an issue term of 3+3 years and an issue interest rate of 3.83%, with Bank of Hangzhou Co., Ltd. serving as the lead underwriter and book-running manager and Sunhold Hangzhou Office serving as special legal advisor. The successful issuance of the financing instruments reflects the affirmation of capital market for the issuer and lays a solid foundation for the issuer to continue to optimize its debt structure.
