Paul Hastings Advises Sino-Ocean Land on US$600 Million Multi-Currency Syndicated Loan Facility

Paul Hastings, a leading global law firm, announced today that it represented Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”), one of the leading property developers in China whose shares are listed on the Hong Kong Stock Exchange, on a 3-year multi-currency term loan facility in the principal amount of approximately US$600 million-equivalent, with US dollar, HK dollar and RMB tranches.

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Hogan Lovells Advises on Acquisition of First Engineering Limited by Anchorage Capital Partners

Hogan Lovells has advised a consortium of banks on the sale of First Engineering Limited (“First Engineering“) to Australia-based private equity firm Anchorage Capital Partners (“Anchorage“), including advising Mizuho Corporate Bank, one of the selling banks, in connection with the financing being provided to Anchorage for the acquisition.

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Simmons & Simmons Advises Chinatex On The Acquisition Of Majority Stake In Fountain Set

International law firm Simmons & Simmons has advised Chinese state owned enterprise, Chinatex Corporation (Chinatex), on the subscription of 34% shares in Fountain Set (Holdings) Limited for HK$511 million and the application to the Securities and Futures Commission for a whitewash waiver.  Fountain Set (Holdings) Limited is engaged in the textile and garment business and is listed on the Hong Kong Stock Exchange.

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White & Case Advises China Development Bank on US$750 Million Committed Financing for Solar Power Projects in the USA

Global law firm White & Case LLP has advised China Development Bank (CDB) on its commitment of up to US$750 million to fund the procurement, construction, installation and operation of solar power projects in New Jersey, USA with a total installed capacity of up to 300MW. The financing comprises both secured EPC financing to be provided to SPI Solar and secured long-term financing to be provided to KDC Solar.

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Akin Gump Advises Gushan Environmental Energy Limited on Merger and Take-Private Agreement

A team of Akin Gump attorneys has been retained by a special committee of Chinese copper products manufacturer and producer of biodiesel Gushan Environmental Energy Limited in its agreement to merge with Trillion Energy Holdings Limited and Trillion Energy Investments Holdings Limited. Trillion Energy Holdings Limited is wholly owned by Gushan’s chairman and principal executive officer, Jianqiu Yu. He also currently owns 34.8 percent of Gushan’s issued and outstanding ordinary shares.

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Tags:  Akin Gump Strauss Hauer & Feld LLP | Hong Kong

Milbank Advises on First International Bond Offering by a Vietnamese State‑Owned Bank

Leading international law firm Milbank, Tweed, Hadley & McCloy has advised Barclays and HSBC as joint lead managers and joint bookrunners on a US$250 million offering of 8.0% Notes Due 2017 by Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), the country’s second-largest bank by market capitalization. A benchmark transaction for Vietnam, the deal is the first successfully completed international bond offering by a Vietnamese state-owned bank.

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