Paul Hastings Advises Managers on Haitong International Finance’s US$700 Million Guaranteed Bonds Issuance

Paul Hastings, a leading global law firm, announced today that the firm advised Deutsche Bank AG, Singapore Branch, Haitong International Securities Company Limited, The Hongkong and Shanghai Banking Corporation Limited, and Huatai Financial Holdings (Hong Kong) Limited as the managers in the US$700 million guaranteed bonds due 2020 issued by Haitong International Finance 2015 Limited, an indirect wholly-owned subsidiary of Haitong International Securities Group Limited (“Haitong International”). Haitong International is a leading securities company in China in terms of total assets and net assets. More >>

Tags:  Paul Hastings, LLP | Hong Kong

Freshfields advises on Shengjing Bank IPO

International law firm Freshfields Bruckhaus Deringer has advised the underwriters on the US$1.3bn global offering and listing of Shengjing Bank on the Hong Kong Stock Exchange which took place today.

The listing is one of Asia’s largest bank IPOs by value in recent years. More >>

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Mongolian Mining Corporation Rights Offering

Davis Polk advised Mongolian Mining Corporation on its $201 million global rights offering. The global rights offering consisted of a public offering of H shares (shares listed on the Hong Kong Stock Exchange) in Hong Kong and private placements of H shares to institutional investors outside of Hong Kong, including within the United States to a limited number of qualified institutional investors in reliance on Section 4(a)(2) of the U.S. Securities Act. J.P. Morgan Securities (Asia Pacific) Limited and BNP Paribas Securities (Asia) Limited were the joint underwriters, and Somerley Capital Limited was the independent financial adviser of the H share rights offering. More >>

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Clifford Chance advises BAIC Motor on US$1.42 billion Hong Kong IPO

Leading international law firm Clifford Chance has advised BAIC Motor Corporation Limited on its US$1.42 billion H-share listing on the Hong Kong Stock Exchange. A total of 1.24 billion shares were offered at HK$8.90 per share, raising HK$11.03 billion. Proceeds will be used for investment into production facilities, new car development and to pay down debts. More >>

Tags:  Clifford Chance LLP | Beijing | Hong Kong