The Firm recently acted as both United States and Hong Kong counsel to Zoomlion H.K. SPV Co., Limited, a company incorporated in Hong Kong (the “Issuer”), and its parent, Zoomlion Heavy Industry Science and Technology Co., Ltd., a joint stock company incorporated in the People’s Republic of China which common shares are listed on the Hong Kong Stock Exchange and the Shenzhen Stock Exchange (the “Parent”), in connection with the offering and sale of US$600 million aggregate principal amount of 6.125% Senior Notes due 2022 of the Issuer (the “Notes”). The Notes are unconditionally guaranteed by the Parent on a senior basis. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, as amended. The Notes were rated BB+ and BBB- by S&P and Fitch, respectively, and contained only investment-grade covenants. The Notes are listed and quoted on the Singapore Exchange Securities Trading Limited.

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Allen & Overy today announced the lateral hire of Tran Anh Duc from Vilaf, one of Vietnam’s leading local law firms. Duc’s practice spans over 18 years and is a blend of corporate and banking work, with a focus on large scale power projects and debt and equity capital market issuances. He will co-head the banking and corporate practices alongside Adam Moncrieff (who has recently relocated from Allen and Overy’s Tokyo office) and Dao Nguyen. Duc will also be head of Allen & Overy’s Hanoi branch.

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Shearman & Sterling represented BOCI Asia Limited as the sole sponsor, and BOCI Asia Limited, ICBC International Capital Limited, ICBC International Securities Limited, CIMB Securities Limited and ABCI Securities Company Limited as the underwriters in connection with the approximately HK$3.88 billion primary listing on The Stock Exchange of Hong Kong Limited and global offering of the H shares of China Machinery Engineering Corporation (the “CMEC”).

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