中国农业发展银行近日在香港发行了15亿元人民币、息率3.40%的五年期债券，这是春节后中国首单海外点心债，也是就应对中国新冠肺炎疫情筹集资金所发行的首个点心债，将在港交所、中华（澳门）金融资产交易股份有限公司（MOX）、卢森堡证券交易所、伦交所、中欧国际交易所五地同时上市。

年利达律师事务所担任了发行人的英国及香港法律师，高伟绅律师事务所向项目联席全球协调人、联席账簿管理人和联席牵头经办人提供了法律服务，君合律师事务所则担任承销商中国法律顾问。

根据农发行介绍，募集资金将主要用于支持乡村振兴战略，并应对新冠肺炎疫情防控相关领域的信贷投放。2019年10月，农发行曾发行过55亿元人民币点心债，创下了近两年来境外市场单次发行点心债最大规模纪录。

此项目联席账簿管理人及联席牵头经办人包括中国银行、中国银行香港分行、渣打银行、交通银行香港分行、中国农业银行香港分行、中国建设银行（亚洲）、中国工商银行（亚洲）、上海浦东发展银行香港分行、中信银行（国际）、瑞穗证券（亚洲）、凯基证券（亚洲）、法国东方汇理银行以及中国信托商业银行。

年利达团队牵头律师为中国区管理合伙人刘克诚；高伟绅团队牵头律师为香港办公室合伙人陈方中；君合团队牵头律师为合伙人余永强。

CC, Linklaters, JunHe act on China’s first CNH bond to fight COVID-19

Linklaters has advised the Agricultural Development Bank of China on the ¥1.5 billion ($215.6 million) issuance of dim sum bonds in Hong Kong, with Clifford Chance and JunHe advising the joint global coordinators, bookrunners, lead managers and underwriters.

This is the first dim sum bond issued after the Lunar New Year holiday and is also the first aiming to combat the COVID-19 crisis. ADBC will use the proceeds to further support China’s rival revitalisation strategy, as well as to provide loans to virus-related areas. 

ADBC had just issued ¥5.5 billion ($790 million) dim sum bonds in last October, which held the one-time largest-scale record of such bonds in recent two years.

The joint bookrunners and lead managers include the Bank of China, Bank of China (Hong Kong), Standard Chartered Bank, Bank of Communications’ Hong Kong Branch, Agricultural Bank of China’s Hong Kong Branch, China Construction Bank (Asia), Industrial and Commercial Bank of China (Asia), Shanghai Pudong Development Bank’s Hong Kong Branch, China CITIC Bank International, Mizuho Securities Asia, KGI Asia, Crédit Agricole Corporate and Investment Bank and CTBC Bank.

The Linklaters team was led by partner William Liu, and the CC team by partner Mark Chan. The JunHe team was led by partner Yu Yongqiang.

To contact the editorial team, please email ALBEditor@thomsonreuters.com.