2018年12月，匈牙利在中国境内发行20亿元人民币熊猫债，期限3年。本期债券获得境内外投资者的踊跃认购，最终票面年利率4.30%，境外订单量共计3.9亿元。
In December 2018, Hungary issued RMB 2 billion panda bonds in China with tenor of 3 years. The bonds were actively subscribed by onshore and offshore investors. The final coupon rate was 4.30%, and the offshore orders totaled RMB 390 million.
本期债券是匈牙利继2017年7月后第二次在全国银行间市场发行人民币债券，募集资金将作为发行人一般资金使用，该项目募集资金未来可能主要用于支持“一带一路”相关项目。
The bonds is Hungary’s second issue of Renminbi bonds on the China Interbank Market after its inaugural issue in July 2017. The proceeds will be used as the issuer’s general funding, which might include supporting to the Belt and Road Initiatives relevant projects.
金杜律师事务所在本项目中担任发行人中国法律顾问，为本期债券的发行提供全程法律服务，包括中英文募集说明书发行文件的起草和准备，体现了金杜团队在熊猫债发行领域为客户提供全面、专业法律服务的领先优势。
King & Wood Mallesons (“KWM”), as the PRC counsel to the issuer, advised and assisted Hungary on all aspects of the offering including drafting and preparation of the offering circular and other relevant offering documents in Chinese and English. This demonstrated KWM’s strengths in providing quality and professional services in panda bond offerings.
该项目的负责合伙人是唐应茂和周昕。
The KWM team for this transaction is led by the partners Yingmao Tang and Stanley Zhou.
项目合伙人
Partners
唐应茂
Yingmao Tang
合伙人 Partner
金融资本部
Finance & Capital Markets Group
tangyingmao@cn.kwm.com
周昕
Stanley Zhou
合伙人 Parnter
金融资本部
Finance & Capital Markets Group
stanley.zhou@cn.kwm.com
周昕律师的执业领域为银行金融。周律师在跨境融资架构搭建、私有化融资、上市前融资、企业境外投资融资、房地产融资等领域均有丰富的执业经验，为众多中外资银行、其他金融机构以及大型企业提供广泛的法律服务。
Mr. Stanley Zhou specializes in banking and finance and has extensive experience in areas including cross-border financing framework construction, privatization financing, pre-IPO financing, corporate overseas investment and financing, and real estate financing. Mr. Zhou provides legal advices to domestic and international banks, non-bank financial institutions, and large enterprises in a variety of matters.
感谢关注金杜研究院
