Kejie advised Sino-Ocean Land limited (“Issuer”) on the issuance of RMB2.6 billion corporate bonds, which was approved by the National Development and Reform Commission on June 18, 2009. The bonds will mature in six years, with coupon rate of 4.4% for the first three years and the Issuer has an option to increase the coupon rate at the end of the third year. The proceeds will be used to fund property development projects, repay bank loans and supplement working capital.

The underwriting syndicate was led by UBS Securities Co. Ltd..

Kejie team was led by partner He Jie and included Cao Lei, Yu Jiazhi and Zhang Fang.