Dacheng Advises Danyang Investment Group on Issuance of First Tranche Mid-term Notes for 2014
A Dacheng team led by Shanghai-based senior partner Wang Hanqi recently advised Danyang Investment Group on the issuance of the first tranche of private placement notes (PPNs) for the year 2014 as a means to diversify the issuer’s sources of finance. Wang was assisted by attorneys Fan Jianhong and Guo Mengyuan.
To date, Danyang Investment Group has completed registration procedures with National Association of Financial Market Institutional Investors (NAFMII) and the fund-raising process. The group registered a total of RMB3bn worth of PPNs with the NAFMII and the current issuance involved RMB1bn of three-year-term notes.
To date, Danyang Investment Group has completed registration procedures with National Association of Financial Market Institutional Investors (NAFMII) and the fund-raising process. The group registered a total of RMB3bn worth of PPNs with the NAFMII and the current issuance involved RMB1bn of three-year-term notes.