Simpson Thacher Represents J.P. Morgan in Offering of US$254.4 Million Principal Amount of Zero Coupon Convertible Bonds by Cathay Financial Holding Co., Ltd.

The Hong Kong office of the Firm represented J.P. Morgan in the offering of US$254.4 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Cathay Financial Holding Co., Ltd. (“Cathay”). Cathay is the largest financial holding company in Taiwan. The common shares of Cathay are traded on the Taiwan Stock Exchange under the trading code “2882”. The Bonds are listed on the Singapore Stock Exchange.

The Simpson Thacher team for the transaction included Chris Lin, Heather Tsai, Howie Farn and former legal assistant Bridget Huang (Corporate).

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