Wind power and car dealership groups issue RMB bonds

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Wind power and car dealership groups issue RMB bonds, 风电企业和汽车经销商发行人民币债券
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In late April, Baker & McKenzie acted for China WindPower on its issue of RMB750 million (US$115 million) of RMB-denominated bonds. This was the first RMB-denominated bond offering by a wind power company, and the first bond offering by China WindPower in the international capital markets. The bonds, which have a three-year term and pay a fixed rate coupon of 6.375%, are listed in Singapore.

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