On June 21, 2024, Bayer Aktiengesellschaft (“Bayer”) successfully issued RMB 2 billion 2-year 2.20% panda bonds on China’s interbank bond market. This was Bayer's first ever issuance of RMB panda bonds on China’s interbank bond market.
Bayer is a life science company that began 150 years ago and is a global leader in health care and nutrition. With a belief in "Science for a better life" and a mission of "Health for all, Hunger for none", Bayer has developed breakthrough innovations in health care and agriculture.
As the PRC legal counsel to the lead underwriter, JunHe assisted Bayer in drafting the transaction documents, conducted due diligence on the issuer and reviewed the offering circular and the other transaction documents. With its detail-oriented and professional expertise and efficient and high-quality legal services, JunHe’s team was recognized and trusted by the client.
The JunHe team was led by partners YU, Yongqiang (YY) and LEI, Tianxiao, with support from partner YE, Junli for the internal control.