LONGAN LAW FIRMOn April 21, 2015, the project of issuing 4 billion medium-term notes by the State-Owned Capital Operation Center of Yiwu, which was undertaken by the team of Qian, Wei and Peng, Ying, was registered by the National Association of Financial Market Institutional Investors. After this, the first mid-term notes were successfully issued on May 12, 2015, and the circulation transaction began today. Bond abbreviation: 15 Yiguo Ziyun MTN001; bond code: 101576002; total issuance: 2 billion yuan; coupon annual interest rate: 4.58%.
The State-Owned Capital Operation Center of Yiwu is a newly established State-owned assets holding platform. Its subsidiaries are frequently transferred, numerous in number and widely distributed in the industry. Many of them are listed on the A-share main board, which makes the work of due diligence extremely difficult and cumbersome. After nearly a year of hard work, Qian, Wei’ s team refined the due diligence work, and finally clarified the relationship between its affiliates and the status of assets and helped them successfully issue the first phase of the 2015 medium-term notes.