In the late September of 2020, Chengdu Yang’an New City Development and Construction Co., Ltd. successfully issued the first non-public corporate bond(indemnificatory housing) of 2020, with the issuing scale of 450 million yuan. The maturity of the bond is 3+2 years and the stated interest rate is 7.5%, with Huaying Securities Co., Ltd serves as its lead underwriter and Sunhold Law Firm as its special legal adviser. The successful issuance of the bond made the first appearance of Yang'an New City in the capital market and also has opened up the financing channels for the issuer, which will greatly improve the financing efficiency and further expand the business scale of Yang'an New City.
