Document background
The Company Bond Contract is a crucial document used when companies seek to raise capital through debt securities in Hong Kong's financial markets. It serves as the primary legal instrument governing the relationship between the bond issuer and bondholders, detailing all aspects of the bond issuance including financial terms, covenants, and security arrangements (if any). This document must comply with Hong Kong's regulatory framework, particularly the Securities and Futures Ordinance (Cap. 571) and Companies Ordinance (Cap. 622), and may require submission to the Hong Kong Stock Exchange if the bonds are to be listed. The contract typically involves multiple parties including trustees, paying agents, and underwriters, and requires careful consideration of market standards, credit ratings, and investor protection mechanisms.
