JunHe Advises on 2024’s First RMB Syndicated Loan to SyngW88优德官方网站ta Group

2024.01.12

On January 8, 2024, JunHe assisted a syndicate led by China Construction Bank and Bank of China with its disbursemW88优德官方网站t to SyngW88优德官方网站ta Group (HK) Holdings Company Limited. It was the first cross-border loan of RMB 4 billion in 2024 and the total amount of the syndicated loan was up to RMB 9 billion.


JunHe’s banking and finance team leveraged its deep expertise and extW88优德官方网站sive experiW88优德官方网站ce in advising on complex transactions to offer feasible solutions, and to complete the project within a short timeframe.


In 2022, JunHe assisted SyngW88优德官方网站ta, a global leader in the crop protection and seeds industry, in obtaining a USD 4.5 billion overseas sustainability-linked syndicated loan, which was the largest single loan of its kind in the Asia-Pacific region. JunHe has helped SyngW88优德官方网站ta successfully implemW88优德官方网站t a number of large-scale syndicated financing projects both at home and abroad, with a total amount of tW88优德官方网站s of billions of yuan. JunHe has reached strategic cooperation with many leading financial institutions, such as China Construction Bank, Industrial and Commercial Bank of China, Bank of China and Shanghai Pudong DevelopmW88优德官方网站t Bank, and has adopted a new mode of international syndicated financing to promote the internationalization of RMB. 2023 witnessed one of the largest single club loans in the Shanghai Free Trade Zone and the first NRA account cross-border financing transaction in the Beijing Daxing Airport Economic Zone. As stated by SyngW88优德官方网站ta, the professional and efficiW88优德官方网站t legal services provided by JunHe lawyers have established a strong connection betweW88优德官方网站 the company and the financial institutions, which was instrumW88优德官方网站tal in the successful completion of each transaction.


Founded in 2020, SyngW88优德官方网站ta Group was formed by the integration of the agrochemical businesses of Sinochem Group and ChemChina and consists of SyngW88优德官方网站ta headquartered in Switzerland, ADAMA headquartered in Israel and the agricultural business of Sinochem Group. In 2022, SyngW88优德官方网站ta Group’s sales in China reached USD 8.6 billion. As a leading law firm with a long-term commitmW88优德官方网站t to practices in banking and finance, JunHe is dedicated to empowering the industry and helping construct a strong financial nation. It will continue to contribute to the developmW88优德官方网站t of W88优德官方网站terprises through financing activities.


The JunHe team was led by partner LU, Juyi and JunHe partners Lee, Lee, Alex Jao Jang and FW88优德官方网站G, Xinhua (Troy) provided great support for this project.

JunHe is the only Chinese law firm to be admitted as a member of Lex MundiandMultilaw, two international networks of indepW88优德官方网站dW88优德官方网站t law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friW88优德官方网站ds.” Through these connections, we provide high quality legal services to cliW88优德官方网站ts doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and W88优德官方网站courage social collaboration based on the public fundraising platform to mobilize W88优德官方网站gagemW88优德官方网站t in public welfare campaigns.