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Zhong Lun Advises ¥4.3 Billion Bond Offering of Poly Real Estate 2008-07-22

  Zhong Lun recently advised the underwriters led by CITIC Securities for Poly Real Estate’s offering and listing of bonds on the Shanghai Stock Exchange, which was examined and approved by China Securities Regulatory Commission on July 4, 2008. Zhong Lun’s team was led by partner Beicheng Ye and included Xiaojin Zheng, Junkai Yuan, Kai Xu and Wanjun Wang.

  Poly Real Estate, a large state-owned developer owned by China Poly Group, has been approved to issue RMB 4.3 billion in five-year fixed interest bonds with the nominal interest rate at7.00%. The proceeds will be used to optimize debt structure and supplement the current capital.

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