Dec 2021
Conyers provided British Virgin Islands legal advice to Yi Hong International Development Co., Ltd, an indirect wholly owned subsidiary of Ningbo Nanbin Group Co., Ltd (寧波南濱集團有限公司) (“Ningbo Nanbin Group”) in connection with its issue of an aggregate amount of US$100 million 3.50% guaranteed bonds due 2024 which are unconditionally and irrevocably guaranteed by Ningbo Nanbin Group.
Ningbo Nanbin Group is one of the primary state-owned infrastructure construction and asset management platforms of the Ninghai Municipal Government focusing on road construction, security housing, ancillary facilities construction, and river control construction in Ninghai.
Partner Richard Hall and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside White & Case.