JC Master Performance | JC Master Supports Yanghe Culture & Tourism in the Successful Issuance of the First Tranche of 2024 Corporate Bonds
Release Date:
2024-02-07
JC Master Law Office has been retained by Jiangsu Yanghe Cultural Tourism Group Co., Ltd. (hereinafter referred to as “Yanghe Culture & Tourism”) to provide specialized legal services in connection with the issuance of its 2024 non-public offering of corporate bonds to professional investors (Phase I) (hereinafter referred to as “this issuance”). The issuance has a total size of RMB 500 million, a coupon rate of 3.19%, and a tenor of three years, setting a new record for the lowest-ever issuance yield among private placement bonds of the same issuer rating and tenor in Suqian City, as well as the lowest-ever issuance yield for Yanghe Culture & Tourism’s private placement bonds of the same tenor.
Yanghe Culture & Tourism was established in April 2020 with a registered capital of RMB 750 million and a corporate credit rating of AA. The company primarily engages in cultural tourism, as well as the investment, management, and development of municipal infrastructure projects. Yanghe Culture & Tourism is committed to becoming an enterprise characterized by sound operations, standardized governance, efficient performance, and a culture of unity, diligence, and integrity.
The legal team comprising Attorney Wang He, Attorney Chen Binghui, and other attorneys provided professional, high‑quality legal services throughout the entire issuance process. These services included conducting legal due diligence, drafting relevant legal documents, and issuing legal opinions, among other specialized legal services.
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