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SuZhou FENHU Investment Group Limited Company Issued Corporate Bond of 1 Billion  
 
Approved by the National Development and Reform Commission, Suzhou FENHU Investment Group Limited Company issued 1 billion corporate bonds. Term of the bonds is 8 years with fixed annual interest rate plus issuer’s option to raise nominal rate or investors’ option to repurchase bonds at the end of the fifth year. The fixed annual rate is 7% in the first 5 years. JC Master was engaged as Special Project Counsel for the issuance.