Cathay Associates Kejie advised Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”) on the public issuance of 2016 (Phase I) corporate bonds to qualified investors. On December 18, 2015, Sino-Ocean Land has been approved by China Securities Regulatory Commission for its public issuance of corporate bonds, the total par value of which shall notexceed RMB 5 billion. The first issuance of corporate bonds completed on May 18, 2016 with a total amount of RMB 4 billion. The maturity of this bond is 5 years, with an option for the issuer of escalating coupon rate and an option for the investors of selling back, at the end of the third year of the bond period and the coupon rate is 3.50%.

This issuance is in the history of Sino-Ocean Land’s issuance of corporate bonds with the new lowest coupon rate. Concerning this issuance, CCXR has rated the issuer a credit rating of “AAA” as well asthe bonds a credit rating of “AAA”.

Guosen Securities Co., Ltd., UBS Securities Co., Limited, Goldman Sachs Gao Hua Securities Company Limited and Huarong Securities Co., Ltd. were appointed as Joint Lead Underwriter.

Cathay Associates Kejie team was led by partner He Jie and included Li Xin, Cao Lei, Cai Wei and Lei Yali.

Sino-Ocean Land was listed on the main board of the Hong Kong Stock Exchange on September 28th, 2007.  Kejie team has also advised Sino-Ocean Land on its US$0.2 billion private equity financing in 2006, its US$1.76 billion IPO in 2007, its issuance of RMB2.6 billion Corporate Bonds in 2009, its issuance of US$900,000,000 Perpetual Subordinated Convertible Securities Callable 2015 in 2010, its issuance of US$400,000,000 Perpetual Subordinated Capital Securities Callable 2016 in 2011, its issuance of US$1,200,000,000 Guaranteed Notes in July, 2014, its issuance of US$1,200,000,000 Guaranteed Notes in February, 2015, and its issuance of RMB10,000,000,000 Corporate Bonds in August and October, 2015.