Paul Hastings Represents Ayala Land in US$300 Million Share Placement

Paul Hastings, a leading global law firm, announced today that it represented Ayala Land, Inc. (“Ayala Land”) on its US$300 million top-up placement. Ayala Land is the largest real estate conglomerate in the Philippines engaged principally in the planning, development, subdivision and marketing of large-scale communities having a mix of residential, commercial, leisure and other uses.

More >>

Tags:  Paul Hastings, LLP | Hong Kong

Paul Hastings Advises on Glorious Property’s Further Issuance of US$150 Million Senior Notes

Paul Hastings, a leading global law firm, announced today that it represented Glorious Property Holdings Limited (“Glorious Property”), a leading PRC property developer based in Shanghai and listed on the Hong Kong Stock Exchange, in its issuance of additional senior notes (“Additional Notes”) in the aggregate principle amount of US$150 million, due 2018, which will be consolidated and form a single series with the US$250 million senior notes issued on March 4, 2013.

More >>

Tags:  Paul Hastings, LLP | Hong Kong

Herbert Smith Freehills Advises ASM International on Its €422 Million Share Placement of ASM Pacific Technology

Herbert Smith Freehills has advised ASM International N.V. (“ASM International“), a leading global supplier of semiconductor equipment and ranked among the top 10 semiconductor equipment manufacturers globally, as its Hong Kong and US counsel on its €422 million (HK$4.3 billion) partial secondary placement of shares of its subsidiary, ASM Pacific Technology Ltd. (“ASM PT“).

More >>

Tags:  Herbert Smith Freehills Kramer LLP | Hong Kong

DLA Piper Appoints Leading Real Estate Partner in Hong Kong

DLA Piper today announces the appointment of Ed Sheremeta to the role of partner with the firm’s Real Estate practice in Hong Kong. Ed joins from Skadden, Arps, Slate, Meagher & Flom where he was the Head of the Asia Real Estate group. Ed also served for a period as Vice President on the commercial real estate lending team at Morgan Stanley Japan in Tokyo.

More >>

Tags:  DLA Piper | Hong Kong

Simpson Thacher Represents the Underwriters in Vipshop Holdings Limited’s Follow-On Offering

The Firm recently represented the underwriters led by Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC in connection with a follow-on offering of American depositary shares of Vipshop Holdings Limited (“Vipshop”). The offering by Vipshop and certain selling shareholders of an aggregate of 8,280,000 American depositary shares (including 1,080,000 American depositary shares pursuant to the underwriters’ exercise of the over-allotment option), representing 16,560,000 ordinary shares, raised an aggregate of approximately US$200 million.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Hong Kong