Chola’s $130 Million Qualified Institutions Placement

Squire Patton Boggs advised Axis Capital and Ambit Capital on the deal. Cholamandalam Investment and Finance Company Limited (Chola) executed a US$130 million qualified institutions placement (QIP). Axis Capital and Ambit Capital acted as lead managers. Cholamandalam Investment is a non-banking financial services company which is part of the Murugappa Group, a diversified Indian conglomerate […]

Kinzon Capital’s $100 Million Recapitalization

Kirkland & Ellis represented Kinzon Capital on the deal. Kinzon Capital, an early stage technology venture investor in China, closed a renminbi-to-dollar fund recapitalization. The deal was worth around US$100 million in net asset value and included follow-on capital for new investments. Fosun Kinzon Capital is a leading venture capital firm backed by Fosun Group, […]

Beijing Capital Land Ltd’s H Share Rights Offering

Baker McKenzie advised the underwriters on Beijing Capital Land Ltd.’s H share rights issue. CICC, CMBI and HSBC were the joint global coordinators; CICC, CMBI, HSBC and Silk Road International were the placing agents; and CMBI, HSBC, Silk Road International and BCG Chinastar International Investment Limited were the underwriters of the H share rights issue. […]

Fotowatia Renewable Ventures’ Winton Solar Farm Financial Close

Herbert Smith Freehills has advised ABN AMRO and ING to achieve financial close for Fotowatia Renewable Ventures’ Winton Solar Farm near Benalla, Victoria. Construction has begun on the 85MWac solar project. Once operational the solar farm will supply enough electricity to power about 50,000 Victorian homes and see carbon emissions reduced by approximately 150,000 tonnes. […]

Shree Cement Limited’s $430 Million Qualified Institutions Placement

Squire Patton Boggs advised JM Financial and ICICI Securities on the deal. Shree Cement Limited executed a US$430 million qualified institutions placement (QIP). JM Financial and ICICI Securities acted as lead managers on the transaction. Founded in 1979, Shree Cements is India’s third-largest cement manufacturer, with a cement production capacity of 41.9 MTPA (Including overseas) […]

Trans American Information Systems Private Limited’s Demerger Of Evolutionary Systems Private Limited

Khaitan & Co advised Mastek Limited on the acquisition of Evolutionary Systems Private Limited (ESPL). Trans American Information Systems Private Limited (a wholly owned subsidiary of Mastek Limited) (“TAISPL”) entered into a scheme of arrangement with ESPL, which if approved, will result in the demerger of identified Indian business along with the USA, UK and […]

Lvji Technology Holdings Inc’s HK$561.6 Million IPO

Morrison & Foerster’s Hong Kong capital markets team has successfully completed the initial public offering (IPO) by Lvji Technology Holdings Inc. on the Hong Kong Stock Exchang Lvji Technology is China’s largest online tour guide provider, providing users with illustrated map, editorial contents, and voiceover commentaries for points of interest at the tourist attractions. The […]

Viva Biotech Holdings’ US$180 Million Convertible Bonds Issuance

Sidley Austin LLP advised Viva Biotech Holdings on the transaction. Viva Biotech Holdings (HKEX: 1873) has successfully issued US$180 million of guaranteed convertible bonds due 2025 through its wholly owned subsidiary, Viva Incubator Investment Management Limited. J.P. Morgan Securities, The Hongkong and Shanghai Banking Corporation Limited and China International Capital Corporation Hong Kong Securities Limited […]

WayCool Foods’ Series C Financing Round

Khaitan & Co advised Lightbox Ventures in the transaction. WayCool Foods, a Chennai-based agritech company, raised $32 million in Series C round of funding which includes a combination of debt and equity infusion. Waycool Foods And Products Private Limited operates as a food development and distribution company. The Company offers agri-products supply chain solutions. The […]