Recently, the first phase of the privately placed corporate bonds in 2025 of Penglai State-owned Assets Investment Group Co., Ltd. of Zhoushan Archipelago New Area (hereinafter referred to as the "current bonds") was successfully issued on the Shanghai Stock Exchange. SUNHOLD, as the special legal counsel for the current bonds, provided full-range legal services for this bond issuance. The total issuance amount of the current bonds is 670 million yuan, with a bond term of 3 years and a coupon rate of 1.90%.
The project team composed of Partner Attorney Shen Bei, Partner Attorney Qiu Hao, Attorney Hu Zhilong, and Attorney Deng Xiaoting from SUNHOLD provided full-range legal services for the current bonds.
Penglai State-owned Assets Investment Group Co., Ltd. of Zhoushan Archipelago New Area was established on January 19, 1999. The actual controller of the company is the Finance Bureau of Daishan County, Zhoushan City. The company's business scope includes investment, operation, and management of state-owned assets; land consolidation and development; tidal flat reclamation; port dredging; port construction; building materials sales; house leasing; mineral resources development and operation; landscaping; and infrastructure project construction.
SUNHOLD has rich experience in legal services for bond financing. Over the past two decades, it has successfully provided professional legal support to numerous enterprises in the issuance of corporate bonds, company bonds, asset-backed securities, and various debt financing instruments for non-financial enterprises. In addition, SUNHOLD is also proficient in handling legal affairs related to various types of overseas bonds such as US dollar-denominated bonds and euro-denominated bonds. Relying on its profound professional knowledge and practical experience, it provides comprehensive bond financing legal services to clients.
