2024.01.12
On January 8, 2024, JunHe assisted a syndicate led by China Construction Bank and Bank of China with its disbursement to Syngenta 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 extensive experience in advising on complex transactions to offer feasible solutions, and to complete the project within a short timeframe.
In 2022, JunHe assisted Syngenta, 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 Syngenta successfully implement a number of large-scale syndicated financing projects both at home and abroad, with a total amount of tens 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 Development 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 Syngenta, the professional and efficient legal services provided by JunHe lawyers have established a strong connection between the company and the financial institutions, which was instrumental in the successful completion of each transaction.
Founded in 2020, Syngenta Group was formed by the integration of the agrochemical businesses of Sinochem Group and ChemChina and consists of Syngenta headquartered in Switzerland, ADAMA headquartered in Israel and the agricultural business of Sinochem Group. In 2022, Syngenta Group’s sales in China reached USD 8.6 billion. As a leading law firm with a long-term commitment 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 development of enterprises through financing activities.
The JunHe team was led by partner LU, Juyi and JunHe partners Lee, Lee, Alex Jao Jang and FENG, Xinhua (Troy) provided great support for this project.
