A cross-border team of lawyers at international law firm Dechert LLP advised OCI Solar Power, an emerging leader in the solar sector and an indirect subsidiary of Korean chemicals company OCI Company Ltd., on the financing of the first phase of its 400MW solar power plant development project in the City of San Antonio. Debt financing for the first phase, comprised of a 41MW solar power plant on more than 700 acres in the southern part of San Antonio, was arranged by Korean Finance Corporation and the Korea Development Bank acting as joint financial arrangers.

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A team of Akin Gump attorneys spearheaded by Hong Kong-based corporate partners Gregory Puff and Zach Wittenberg has been retained by Oppenheimer & Co. Inc., which is serving as financial advisor to the Special Committee of the Board of Directors of Feihe International.

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The global law firm Jones Day is pleased to announce that Gene Buttrill has joined as a Capital Markets Practice partner. Formerly a partner with Proskauer Rose LLP, Mr. Buttrill will be based in the Firm’s Hong Kong Office as a foreign registered lawyer. Jones Day welcomes Mr. Buttrill to its growing Capital Markets Practice in Hong Kong, alongside the recent hires of Chris Swift and Joelle Lau from Allen & Overy and the promotion of Julian Lin to partner in January of this year.

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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.

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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.

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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.

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Global law firm Proskauer advised Asian private-equity fund RRJ Capital Ltd. in its agreement to invest $300 million in Cheniere Energy Partners, LP.

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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.

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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.

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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.

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