Appleby acted as Bermuda counsel for GuoLine Overseas Limited, a wholly-owned indirect subsidiary of Hong Leong Group, in relation to its proposed voluntary cash offer to privatise Guoco for US$1.1 billion.
Tags: Appleby | Hong KongPaul Hastings Represents Glorious Property in US$250 Million Senior Notes Offering
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 senior notes (“Notes”) in the aggregate principal amount of US$250 million, due 2018.
Tags: Paul Hastings, LLP | Hong KongKirkland & Ellis Represents Consortium in Going-Private of 7 Days Group Holdings Limited
Kirkland & Ellis represents a consortium comprising affiliates of Carlyle Asia Partners III, L.P., Sequoia Capital China Growth 2010 Fund, L.P. and Actis LLP as well as certain management shareholders in Keystone Lodging Company Limited’s agreement to acquire 7 Days Group Holdings Limited (NYSE: SVN). The transaction contemplated under the merger agreement, announced on February 28, 2013, implies an equity value for 7 Days Group of approximately $688 million. 7 Days Group is a leading economy hotel chain based in China. The merger is expected to close in the second half of 2013, and if completed, will result in 7 Days Group becoming a privately held company and no longer listed on the NYSE.
Tags: Kirkland & Ellis LLP | Hong KongProskauer – RRJ Capital to Invest $300 Million in Cheniere Energy Partners
Global law firm Proskauer advised Asian private-equity fund RRJ Capital Ltd. in its agreement to invest $300 million in Cheniere Energy Partners, LP.
Tags: Proskauer Rose LLP | Hong KongClifford Chance Advises on Hainan Airlines’ US$500 Bond Issuance
Hong Kong: Leading international law firm Clifford Chance has advised BOC International, Deutsche Bank, and JP Morgan as joint lead managers on the issue by Hainan Airlines (Hong Kong) Co. Ltd. of US$500 million 3.625% notes due in 2020. The bonds were backed by a RMB denominated standby letter of credit from the Bank of China, one of the few bond deals with this type of credit enhancement.
Tags: Clifford Chance LLP | Hong KongFreshfields Advises Shanghai Industrial Holdings on Its HK$3.9bn Bond Offering
International law firm Freshfields Bruckhaus Deringer advised Hong Kong-listed Shanghai Industrial Holdings Ltd. (“SIHL”), a conglomerate whose core businesses include infrastructure facilities, real estate and consumer products, on its issuance of HK$3.9bn Zero Coupon Guaranteed Convertible Bonds due 2018. The bonds, issued through a wholly owned subsidiary of SIHL, are guaranteed by SIHL and are convertible into shares of SIHL.
Tags: Freshfields LLP | Hong KongKirkland & Ellis Leads Going-Private of China’s WSP Holdings Limited
Kirkland & Ellis represents the Special Committee of the board of directors of WSP Holdings Limited (NYSE: WH) in its merger agreement announced on February 21, 2013, with WSP OCTG GROUP Ltd., a company owned by H.D.S. Investments LLC. The transaction contemplated under the merger agreement represents a total transaction value of approximately $893.6 million, including the assumption of the outstanding debt of WSP Holdings Limited.
Tags: Kirkland & Ellis LLP | Hong KongHerbert Smith Freehills Advises Petrochina on Acquisition of Western Australian Gas Exploration Assets
Herbert Smith Freehills advised PetroChina on its acquisition of an interest in two Western Australian exploration assets from ConocoPhillips.
Tags: Herbert Smith Freehills Kramer LLP | Hong KongHerbert Smith Freehills Advises on US$2.14 Billion Stake Sale by the Government of India in NTPC Limited
Herbert Smith Freehills has acted as international and US counsel to NTPC Limited (“NTPC”), one of India’s largest state-owned power generation companies, in connection with an offer for sale (“OFS”) by the Government of India of a US$2.14 billion stake in NTPC.
Tags: Herbert Smith Freehills Kramer LLP | Hong KongMayer Brown JSM Advises Fincantieri on the US$1.2 Billion Acquisition of Singapore-listed STX OSV
Mayer Brown JSM is acting as lead international counsel to Italian shipbuilder Fincantieri, the world’s largest builder of cruise ships and a major player in the naval industry, on its acquisition of a 50.75 percent stake in Singapore-listed STX OSV. The total value of the transaction, including the acquisition and the mandatory cash offer to be made in compliance with the rules of the Singapore Code on Take-overs and Mergers, will amount to approximately US$1.2 billion (€900 million).
Tags: Mayer Brown LLP | Hong Kong







