CCCI Treasure Limited’s USD1.5 Billion Guaranteed Subordinated Perpetual Securities Offer

Allen & Overy has advised the joint lead managers and joint bookrunners in connection with the offering of USD1.5bn guaranteed subordinated perpetual securities by CCCI Treasure Limited.

The issuance comprises of two tranches including USD1bn subordinated perpetual securities and USD500 million subordinated perpetual securities both guaranteed by CCCC.

CCCI Treasure Limited is a BVI incorporated subsidiary of China Communications Construction Company Limited (CCCC).

The A&O team advised Credit Suisse, HSBC, BOCOM International, CLSA, Huatai Financial Holdings (Hong Kong) Limited, SMBC Nikko and Standard Chartered Bank.

Partner Agnes Tsang (Picture) led the team, supported by Jaclyn Yeap, Jiayin Yu, Erica Lo and Iris Zhou.

Involved fees earner: Erica Lo – Allen & Overy; Agnes Tsang – Allen & Overy; Jaclyn Yeap – Allen & Overy; Jiayin Yu – Allen & Overy;

Law Firms: Allen & Overy;

Clients: BOCOM International (Asia) Limited; CLSA; Credit Suisse; HSBC; Huatai Financial Holdings Limited; Smbc Nikko Capital Markets Limited; Standard Chartered Bank;

Author: Michael Patrini