Paul Hastings, a leading global law firm, announced today that it advised Tan-Eu Capital (“Tan-Eu”), the Hong Kong-based private equity real estate firm, with respect to Sotan China Real Estate I, LP’s first investment – the acquisition of a 1 million square foot development site in Wuqing, Tianjin from a local investor. A mixed-use development comprised of retail and residential space is planned for the site.
Tags: Paul Hastings LLP | Hong Kong Milbank Advises on Landmark Bank/Bond High Yield for Nord Anglia
Leading international law firm Milbank, Tweed, Hadley & McCloy advised Nord Anglia Education (UK) Holdings plc on its side-by-side US$325 million offering of senior secured high yield notes and entry into a new “super senior” revolving credit facility. Underwriters for the transaction were Goldman Sachs and Barclays.
Tags: Milbank LLP | Hong Kong Clifford Chance Advises Partners Group on Leveraged Management Buyout of Trimco International
Leading international law firm Clifford Chance has advised global private markets investment manager Partners Group on the acquisition of Trimco International Holdings Limited, a global provider of garment label solutions to the garment manufacturing industry, on behalf of its clients. The acquisition, which was completed on 25 April, was structured as a leveraged buyout with the founder and senior management team of Trimco reinvesting a significant portion of their sale proceeds into the new company. Concurrently with the transaction, Trimco was negotiating a bolt-on acquisition of a UK-based international label solution provider, which completed shortly after the principal transaction closed and was funded as part of that transaction.
Tags: Clifford Chance LLP | Hong Kong Skadden Enhances Hong Kong Corporate Team With Addition of Christopher W. Betts
Skadden, Arps, Slate, Meagher & Flom is pleased to announce that capital markets and M&A lawyer Christopher W. Betts has joined the firm as a partner.
Tags: Skadden, Arps, Slate, Meagher & Flom, LLP | Hong Kong Paul Hastings Advises Alpha Investment Partners Limited in the HK$1.2 billion disposition of Shama Serviced Apartments Causeway Bay
Paul Hastings, a leading global law firm, announced today that it advised Alpha Investment Partners Limited, a real estate investment advisory firm headquartered in Singapore and managing various real estate funds across Asia, in the completion of the sale of Shama Serviced Apartments Causeway Bay at No.8 Russell Street, Hong Kong by its subsidiary, Pogain Limited, to Panasia International Limited.
Tags: Paul Hastings LLP | Hong Kong Clifford Chance Advises CVC on US$105 Million Investment in Venturepharma Group in China
Leading international law firm Clifford Chance has acted for funds advised by CVC Asia Pacific Limited on its US$105 million investment in convertible bonds issued by Venturepharma Group in China.
Tags: Clifford Chance LLP | Hong Kong Paul Hastings Advises the Underwriters in Haitong Securities’ US$1.68 Billion IPO
Paul Hastings, a leading global law firm, announced today that it advised Haitong International, J.P. Morgan, Credit Suisse, Deutsche Bank, Citigroup, UBS, HSBC, Nomura, Standard Chartered, BOCOM International and other underwriters in Haitong Securities Co. Ltd.’s (“Haitong”) US$1.68 billion Hong Kong Initial Public Offering and listing of its H shares on the Hong Kong Stock Exchange. The transaction comprised a Hong Kong public offering and a Reg S/Rule 144A international offering. It also has a 15% over-allotment option which could increase the total deal size to as much as US$1.9 billion if exercised in full.
Tags: Paul Hastings LLP | Hong Kong Skadden Hires New Partner for Hong Kong Office
An international law firm with interests in Asia has hired new partner for a Hong Kong legal job.
Tags: Skadden, Arps, Slate, Meagher & Flom, LLP | Hong Kong Sidley Acts on IPO for GT Capital Holdings Inc., One of the Largest in the Philippines and the First in 2012
Sidley Austin has successfully represented GT Capital Holdings Inc. (“GT Capital”), a major Philippine conglomerate with interests in market-leading businesses across banking, real estate development, power generation, automotive and life insurance, in one of the largest initial public offerings (“IPO”) on the Philippine Stock Exchange. The IPO, listed on April 20, was comprised of both a domestic retail and international institutional offering and raised approximately PhP 18.8 billion (US$439.6 million).
Tags: Sidley Austin LLP | Hong Kong Davis Polk Advises on Chalco’s Acquisition of a Stake in Winsway
Davis Polk is advising Mr. Wang Xingchun, the chairman and controlling shareholder of Winsway Coking Coal Holdings Limited, on his disposal of a 29.9% interest in Winsway to Aluminum Corporation of China Limited (Chalco) in a transaction valued at HK$2.39 billion (approximately $307 million). After the completion of the acquisition, which is subject to certain conditions, including regulatory and shareholder approvals, Chalco will become the single-largest shareholder of Winsway.
Tags: Davis Polk & Wardwell | Hong Kong