Chungs Lawyers advised Rowen International Co., Limited on its issuance of US$85,000,000 6.50% Guaranteed Bonds due 2022 which is listed on the Hong Kong Stock Exchange (stock code: 40916).
The guarantor of the bonds, Weihai Wendeng District Bluesea Investment & Development Co., Ltd, is the largest state-owned enterprise by asset size in the Wendeng District, Weihai City, Shandong Province, the People’s Republic of China and a dominant development, construction and operation platform in the Wendeng District which focuses on infrastructure construction and affordable housing.
Listing of the bonds on the Hong Kong Stock Exchange commenced on 17 November 2021.
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