Advised the managers on the issue of US$190m listed bonds by Xi’an Port Industrial Co., Limited

Chungs Lawyers (in association with DeHeng Law Offices) advised the joint lead managers on the issuance of US$190,000,000 5.8% Bonds due 2023 by Xi’an Port Industrial Co., Limited (the “Issuer”), which is listed on the Hong Kong Stock Exchange (stock code: 40496).

The Issuer is a state-owned enterprise located in Xi’an City that plays a crucial role in infrastructure construction and urban development in Xi’an City. The Issuer is the primary investment platform of the Xi’an Municipal Government to implement its development plans within the Xi'an International Trade & Logistics Park that are of strategic importance to the economic and urban development of Xi’an City.

Listing of the bonds on the Hong Kong Stock Exchange commenced on 3 December 2020.

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