Fangda advised China Construction Wuhan Yangsigang Road and Bridge Construction and Operation Co., Ltd. on Wuhan Yangsigang Road and Bridge PPP ABS project
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As the legal advisor for the project, Fangda Partners advised China Construction Wuhan Yangsigang Road and Bridge Construction and Operation Co., Ltd. on Wuhan Yangsigang Road and Bridge PPP ABS project. In this project, China Construction Wuhan Yangsigang Road and Bridge Construction and Operation Co., Ltd. is the originator, Shanghai Guotai Junan Securities Asset Management Co., Ltd. is the underwriter, and the basic assets are the availability payments of PPP project and the related rights legally entitled to the public party by originator. The total issuance value is close to RMB 1,591 million and the comprehensive cost of the senior grade is 3.03%, which is the lowest interest rate in the history of ABS of the same term and category. The project has been successfully issued on March 31, 2022 by listing for transfer on Shanghai Stock Exchange. The Fangda team is led by partners Wu Dong and Yan Yan.
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