Dehehantong helped Shanghai Lianrui Financial Leasing Co., Ltd. to successfully issue the first phase of 2024 green Directional asset-backed notes

Recently, the “Shanghai Lianrui Financial Leasing Co., LTD. 2024 first phase of Green Directional asset-backed Notes” undertaken by Dehehantong Law Offices was successfully issued in the China Inter-Bank Market Dealers Association, the issue scale of the project is 500 million yuan, and it is the first green asset-backed note in the history of Lianyungang area.

Bank of Jiangsu Co., LTD., as the lead underwriter, Bank of Nanjing Co., LTD., as the co-lead underwriter, Jiangsu International Trust Co., LTD., as the issuer, Dehehantong as the special legal adviser, and other intermediaries jointly promote the issuance.

The project is led by Mr. Zhang Hengtong, founding partner of Dehehantong Law Offices, and a legal service team composed of Mr. Guo Xianhao, managing partner of Dehe Hantong Shanghai Office, and Mr. Yu Jiayue, legal assistant, to provide full legal services for the project. Including legal due diligence on Shanghai Lianrui Financial Leasing Co., LTD. (“ Lianrui Leasing ”) and related projects, drafting and reviewing transaction documents, issuing legal opinions, etc., and efficient communication and close cooperation with Lianrui Leasing and various intermediaries to help the successful issuance of the project.

Shanghai Lianrui Financial Leasing Co., Ltd. is controlled by Lianyungang Financial Holding Group Co., LTD., which is directly controlled by Lianyungang Municipal People's Government. All the funds raised by this green asset-backed bill are intended to be used in the field of green industry, covering green transportation, renewable energy generation, comprehensive utilization of resources, sustainable management of natural scenic spots and green planting projects, etc. Lianrui Leasing actively responds to the national development call for green travel, low-carbon transportation, energy conservation and emission reduction, and the issuance of the project is of great significance for promoting the development of environmental protection.

As a comprehensive law firm with certain influence in the field of investment and financing of enterprises both at home and abroad, Dehehantong is committed to expanding financing channels for clients in the international market. Capital market business is one of the key business areas of Dehehantong. In recent years, Dehehantong has provided clients with various types of legal services, including financial leasing legal services, Internet finance legal services, financial and banking legal services, trust legal services, over-the-counter market legal services, crowdfunding legal services, mergers and acquisitions, refinancing of listed companies, etc. In the future, Dehehantong will continue to uphold the service concept of “diligence, ingenuity, and perfection”, and provide clients with more efficient and high-quality legal services in the field of investment and financing at home and abroad.

Special thanks:

Special thanks to the core committee members Qiu Wenyu, Xu Wanxia, Jiang Chutian, and risk control committee lawyer Nie Menghui for providing professional and valuable core opinions for the project.