ePrime Supports Taizhou Urban Construction and Investment Development Group Co., Ltd.’s Bond Issuance
14 September 2023
ePrime Issuance Service successfully facilitated Taizhou Urban Construction and Investment Development Group Co., Ltd. (the Issuer) on its issuance of 3-year USD 500 million sustainable bonds on 31 August. The transaction was led by Orient Securities (Hong Kong), the Sole Global Coordinator and Sole Green Structuring Advisor.
The Issuer is a state-owned enterprise located in Taizhou, Zhejiang that provides comprehensive financial, construction and operational services with the support of the Taizhou Municipal Government. This issuance marks the first Luxembourg-Macau dual-listed bond traded through the Luxembourg Euro MTF, and the first bond from Zhejiang Province to be triple-listed in Hong Kong, Luxembourg and Macau.
Mr. Weiming Lu, President of Orient Securities Company Limited, commented, “ePrime acts as a secure and comprehensive digital service provider for bond issuances. We are glad to work together with Bond Connect Company Limited (BCCL) again during the bookbuilding process, which attests to the deepened cooperation between Orient Securities and BCCL.”
Mr. Tony Wang, General Manager of BCCL, commented, “We are very pleased that ePrime has contributed to another landmark bond issuance. Moreover, we are delighted to deepen our collaboration with Orient Securities, who have been a strong and committed supporter of Bond Connect and ePrime. We have recently rolled out yet another suite of major upgrades on ePrime, which I am confident will make our users’ workflows more user-friendly and convenient.”
In collaboration with CFETS and launched in October 2020, ePrime is an electronic solution for the primary bond market that spans across issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater for issuance and crossborder subscription applications: ePrime Issuance Service and ePrime Northbound Primary Service.
ePrime Issuance Service offers a platform for issuing, primary bookbuilding, pricing and allocation for securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks, commercial banks and corporates managed across 30 underwriters onboarded.
Please contact us at eprime@chinabondconnect.com / (852) 2327 0398 for enquiries.
The Issuer is a state-owned enterprise located in Taizhou, Zhejiang that provides comprehensive financial, construction and operational services with the support of the Taizhou Municipal Government. This issuance marks the first Luxembourg-Macau dual-listed bond traded through the Luxembourg Euro MTF, and the first bond from Zhejiang Province to be triple-listed in Hong Kong, Luxembourg and Macau.
Mr. Weiming Lu, President of Orient Securities Company Limited, commented, “ePrime acts as a secure and comprehensive digital service provider for bond issuances. We are glad to work together with Bond Connect Company Limited (BCCL) again during the bookbuilding process, which attests to the deepened cooperation between Orient Securities and BCCL.”
Mr. Tony Wang, General Manager of BCCL, commented, “We are very pleased that ePrime has contributed to another landmark bond issuance. Moreover, we are delighted to deepen our collaboration with Orient Securities, who have been a strong and committed supporter of Bond Connect and ePrime. We have recently rolled out yet another suite of major upgrades on ePrime, which I am confident will make our users’ workflows more user-friendly and convenient.”
In collaboration with CFETS and launched in October 2020, ePrime is an electronic solution for the primary bond market that spans across issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater for issuance and crossborder subscription applications: ePrime Issuance Service and ePrime Northbound Primary Service.
ePrime Issuance Service offers a platform for issuing, primary bookbuilding, pricing and allocation for securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks, commercial banks and corporates managed across 30 underwriters onboarded.
Please contact us at eprime@chinabondconnect.com / (852) 2327 0398 for enquiries.
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Disclaimer: This document is prepared by Bond Connect Company Limited and is for general information purposes only. It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. It is not directed at, nor is it intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to the applicable law, regulation or regulatory requirement, or which would subject us Bond Connect Company Limited, or any of our affiliates, to any licensing or regulatory requirement in such jurisdiction or country. Neither we nor any of our affiliates (i) guarantee the accuracy, validity, timeliness, completeness or correctness of any such information or data and (ii) accept any responsibility in that connection, or any liability for any direct or indirect loss or damage arising from the use of or reliance on any such information or data.
This document does not constitute a prospectus, an offer or an invitation to subscribe any securities or bonds, or a recommendation in relation to any securities or bonds. Investors should note investment involves risk and past performance is not indicative of future results. Investors should refer to the offering circulars of the bonds for further details including risk factors, in particular those associated with investment in emerging markets.
Disclaimer: This document is prepared by Bond Connect Company Limited and is for general information purposes only. It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. It is not directed at, nor is it intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to the applicable law, regulation or regulatory requirement, or which would subject us Bond Connect Company Limited, or any of our affiliates, to any licensing or regulatory requirement in such jurisdiction or country. Neither we nor any of our affiliates (i) guarantee the accuracy, validity, timeliness, completeness or correctness of any such information or data and (ii) accept any responsibility in that connection, or any liability for any direct or indirect loss or damage arising from the use of or reliance on any such information or data.
This document does not constitute a prospectus, an offer or an invitation to subscribe any securities or bonds, or a recommendation in relation to any securities or bonds. Investors should note investment involves risk and past performance is not indicative of future results. Investors should refer to the offering circulars of the bonds for further details including risk factors, in particular those associated with investment in emerging markets.