Paul Hastings Advises Underwriters on China Overseas’ US$400 Million Guaranteed Notes Offering

Paul Hastings, a leading global law firm, announced today that the firm represented UBS, Merrill Lynch International, DBS Bank, ICBC International and Macquarie as the joint lead managers in the issuance of US$400 million 5.125% guaranteed notes (the “Notes”) due 2019 issued by China Overseas Grand Oceans Finance II (Cayman) Limited and guaranteed by China Overseas Grand Oceans Group Ltd (“China Overseas” or the “Company”).

China Overseas is a leading Chinese property developer listed on the Main Board of the Hong Kong Stock Exchange. The Company intends to use the net proceeds of the Notes to repay and refinance the existing indebtedness of the Company and its subsidiaries, to finance new and existing projects and for general corporate purposes.

The Paul Hastings team was led by Raymond Li, partner and Chair of Greater China, and capital markets partner David Grimm with support from associates Jordan Baggs, Joy ChenDane Johansen and May Lun.


asia.legalbusinessonline.com


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