On Dec 16, 2016, BOC Consumer Finance Co., Ltd. made history as the issuer of the first financial bond ever offered by a Chinese consumer finance company on the national interbank bond market. With an AAA credit rating, the total size of the bond issue by BOC Consumer Finance is RMB 2 billion, and the duration is three years. Guotai Junan Securities Co., Ltd. acts as the lead underwriter and the bookrunner, and Bank of China Co., Ltd. and Huatai Securities act as joint lead underwriters.
Zhong Lun Law Firm serves as the legal advisor for the project, providing the issuer with legal services throughout the bond issue process. Zhong Lun team is led by Partner ZHU Ying. The law firm previously offered legal services for BOC Consumer Finance's first asset securitization product launched under the registration-based administration system, has maintained close cooperation with the company ever since then.