Press Release

JPMFC acts as the sole lead underwriter on RMB 1.5 bn enterprise bond offering for Yancheng Chengnan New District Development Construction Investment Co., Ltd.

2012-01-11

RMB 1.5 bn 7-year Enterprise Bond offering for Yancheng Chengnan New District Development Construction Investment Co., Ltd was successfully completed on 20 December 2011(8.19%, AA(issuer) / AA(bond)). J.P. Morgan First Capital (JPMFC) acted as the sole lead underwriter on this deal.

11YanchengChengnan Enterprise Bond is the first bond deal executed by JPMFC as lead underwriter. Its success demonstrates the excellent execution capability of JPMFC and lays good foundation for its future development.

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