Mitsubishi UFJ Financial Group’s $5.5 Billion Senior Notes Offering

Simpson Thacher recently represented the underwriters, for which Morgan Stanley & Co. LLC and MUFG Securities Americas Inc. acted as representatives, in connection with the offering by Mitsubishi UFJ Financial Group, Inc. The offering by Mitsubishi UFJ Financial Group, Inc. is $500 million of Floating Rate Senior Notes due 2022, $1.5 billion of 3.218% Senior […]

GDS Holdings Limited’s $460 Million Follow-On Offering

Simpson Thacher represented GDS Holdings Limited (“GDS”) in connection with its follow-on offering of 13,731,343 American Depositary Shares (ADSs), each representing eight of its Class A ordinary shares. The offering raised a total of US$460 million in gross proceeds including full exercise of the underwriters’ overallotment option. GDS will use the net proceeds from the […]

Sino-Ocean Group’s $500 Million Notes Offering

Paul Hastings advised Sino-Ocean Group Holding Limited on the transaction Sino-Ocean Group Holding Limited acted as the guarantor in relation to the issue by its wholly-owned subsidiary, Sino-Ocean Land Treasure IV Limited, of US$500 million in 5.25% guaranteed notes due 2022. The Hong Kong and Shanghai Banking Corporation Limited, UBS AG Hong Kong branch, Goldman […]

COSCO SHIPPING Development’s Buy Back A-Shares and H-Shares for up to RMB300 Million

Paul Hastings advised COSCO SHIPPING Development Co., Ltd. on the transaction COSCO SHIPPING Development Co., Ltd. (“COSCO SHIPPING Development”) on its proposed repurchase of A shares and H shares in the aggregate amount of not less than RMB200 million and up to RMB300 million. Hong Kong and Shanghai-listed COSCO SHIPPING Development is principally engaged in […]

Yuzhou Properties $1 Million Senior Notes Offering

Paul Hastings represented Yuzhou Properties Company on the transaction Yuzhou Properties Company Limited, a leading PRC property developer listed on the Hong Kong Stock Exchange, executed two transactions involving issuances of senior notes. US$500 million 8.625% senior notes due 2022. BOC International, Credit Suisse, Goldman Sachs (Asia) L.L.C., Haitong International, CICC HK Securities and Yuzhou […]

Binjiang Service Group’s $59.5 Million Hong Kong IPO And Regulation S Offering

The Firm represented Binjiang Service Group Co. Ltd. (“Binjiang Service Group”) in connection with its initial public offering in Hong Kong and Regulation S offering of 66,700,000 shares (before exercise of the underwriters’ overallotment option). The total offering size was HK$464.2 million (approximately US$59.5 million). The shares of Binjiang Service Group are listed on the […]

Hyundai and Kia Invest $300 Million In India’s Largest Mobility Service Provider Ola

Khaitan & Co advised ANI Technologies Private Limited Hyundai Motor Group (the Group) and Ola ? one of the world’s largest ride-hailing platforms ? signed a strategic partnership agreement under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest combined investment to date, as part the Group’s continued efforts to […]

Temasek’s Acquisition of a Minority Stake in Haldor Topsøe Holding A/S

SEB (Skandinaviska Enskilda Banken) and Citi (Citigroup Inc.) are acting as financial advisors and Kromann Reumert is acting as legal advisor to Haldor Topsøe Holding A/S and Haldor Topsoe A/S on the transaction. Nomura is acting as exclusive financial advisor and Plesner is acting as legal advisor to Temasek. Khaitan & Co advised Temasek Capital […]

Ping’s $150 Million Equity Investment In GDS Holdings Limited

The Firm represented GDS Holdings Limited (“GDS”) (NASDAQ: GDS) in connection with its US$150 million equity investment by China Ping An Insurance Overseas (Holdings) Limited (“Ping An Overseas Holdings”). The investment will be in the form of convertible preferred shares. GDS will use the proceeds from the investment to fund expansion of its data center […]