Paul Hastings Advises Mapletree Greater China on Establishment of US$1.5 Billion Euro Medium Term Securities Programme

Paul Hastings, a leading global law firm, announced today that it represented DBS Trustee Limited (in its capacity as trustee of Mapletree Greater China Commercial Trust) (the “MGCCT Trustee”), Mapletree Greater China Commercial Trust Treasury Company (S) Pte. Ltd. and Mapletree Greater China Commercial Treasury Company (HKSAR) Limited as issuers, and MGCCT Trustee as guarantor in the establishment of a US$1.5 billion Euro Medium Term Securities Programme (the “Programme”).

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Baker & McKenzie Advises China Merchants Holdings on Its Acquisition of 49% Interest in Terminal Link for €400 Million

Baker & McKenzie has advised China Merchants Holdings (International) Company Limited (“CMHI”), the largest public port operator in China; on its strategic partnership with CMA CGM, the world’s third largest container shipping company; and its successful acquisition of the 49% equity interest in Terminal Link, a wholly-owned subsidiary of the CMA CGM Group, for €400 million. The deal was announced in January 2013 and was completed on 11 June 2013.

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Simpson Thacher Represents China Harmony Auto Holding Limited in Its HK$1.67 Billion (US$215.5 Million) Hong Kong Initial Public Offering and Rule 144A/Regulation S Offering

The Firm represented China Harmony Auto Holding Limited in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 275,126,000 ordinary shares, which raised approximately HK$1.67 billion (approximately US$215.5 million) in gross proceeds. China Harmony Auto Holding Limited is a leading dealership group that deals exclusively in luxury and ultra-luxury passenger vehicles in China and operates 25 dealership stores covering 14 cities in China. The ordinary shares of China Harmony Auto Holding Limited are listed on the Hong Kong Stock Exchange. Goldman Sachs acted as the sole global coordinator and Goldman Sachs and CICC acted as the joint bookrunners and joint lead managers and joint sponsors.

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Simpson Thacher Represents LightInTheBox Holding Co., Ltd. in its US$90.7 Million Initial Public Offering of American Depositary Shares on the New York Stock Exchange

The Hong Kong office of the Firm represented LightInTheBox Holding Co., Ltd. (“LightInTheBox”) in connection with its initial public offering and listing on the New York Stock Exchange of 9,545,000 American Depositary Shares, each representing two ordinary shares. LightInTheBox and its selling shareholders raised a total of US$90.7 million in gross proceeds from the offering, after the exercise of the underwriters’ over-allotment option. Credit Suisse Securities (USA) LLC and Stifel, Nicolaus & Company, Incorporated acted as the joint bookrunners for the offering. This transaction is the first US IPO of a Chinese company in 2013.

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Paul Hastings Represents Underwriters in Wuzhou International’s Hong Kong IPO

Paul Hastings, a leading global law firm, announced today that it represented BOCOM International (Asia) Limited and Macquarie Capital Securities Limited as the joint sponsors, BOCOM International Securities Limited and Macquarie Capital Securities Limited as the joint global coordinators, and BOCOM International Securities Limited, First Shanghai Securities Limited, GF Securities (Hong Kong) Brokerage Limited and Macquarie Capital Securities Limited as the joint bookrunners and joint lead managers in Wuzhou International Holdings Limited’s (“Wuzhou International”) US$178 million global initial public offering and listing on the Main Board of the Hong Kong Stock Exchange.

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Paul Hastings Represents China Everbright International Limited in IFC Term Loan

Paul Hastings, a leading global law firm, announced today that it represented China Everbright International Limited (“Everbright International”), a Hong Kong-listed company focusing on the development of environmental protection businesses, in relation to its US$70 million term loan facilities from International Finance Corporation (“IFC”) to a wholly-owned subsidiary of Everbright International engaging in the business of waste water treatment and other types of water projects.

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Paul Hastings Advises CLSA Limited on Ayala Corporation’s Block Sale

Paul Hastings, a leading global law firm, announced today that it represented CLSA Limited as the sole placing agent in Ayala Corporation’s approximately US$79 million (PHP3.4 billion) treasury share block sale. Ayala Corporation is one of the Philippines’ largest conglomerates, with interests in real property, banking, telecommunications, water, infrastructure and energy.

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