In January 2020, the "Kaiyuan-Everbright-Gongxin Asset Support Special Plan" (" Special Plan ") undertaken by Llinks acquired the Letter of No Objection from Shanghai Stock Exchange and successfully issued the first Special Plan.
The Special Plan adopts the method of "one application and installment issuance", with the total amount of issuance not exceeding 10 billion yuan. The asset-backed securities are classified into priority class A and class B, and the basic assets are the limited partnership shares legally held by the original interests according to the Partnership Agreement. This project takes the limited partnership shares of the partnership as the basic assets, which is another innovative design of asset securitization products, enriching the practice of asset securitization market and providing issuers with a more diversified financing structure.
Llinks provided a wide range of high-quality legal services at the stage of the securities listing and issuing, including but not limited to due diligence, designing and negotiating transaction structure, issuing legal opinions, drafting, negotiating, reviewing and modifying transaction documentsetc.
Llinks has abundant business experience in the field of asset securitization,. It continuously provides professional legal services for designing, listing and issuing of all kinds of asset securitization projects. Its asset securitization business areas covers all securitization subdivision varieties of National Association of Financial Market Institutional Investors and exchange market including but not limited to accounts receivable, lease of creditor's rights, the right to charge public utilities, housing balance payment, property management fees, the beneficial right of the trust, right of return on bills, credit assets, CMBS, REITs etc. By providing professional and efficient services, Llinks has been highly recognized by cooperative partners and other intermediary teams.
