Shanghai Electric (Group) Corporation (hereinafter referred to as "Shanghai Electric") has successfully issued a five-year U.S.$500 million of 2.65% guaranteed bonds in November 2019 and a five-year U.S.$300 million of 2.30% guaranteed bonds in February 2020 through its wholly-owned overseas subsidiary Shanghai Electric Group Global Investment Limited. The raised funds will be used for general corporate purposes and offshore debt refinancing, which will help Shanghai Electric expand its overseas markets.
As PRC law legal advisor to the Joint Lead Managers, Llinks provided a full range of legal services for this project including conducting legal due diligence and providing legal opinions.
