Ronshine China Holdings Limited’s $1.1 Billion Notes Offering

King & Wood Mallesons Represented Ronshine China Holdings Limited (Ronshine China) in its issuance of $300 million 10.5% Senior Notes due 2022; $600 million 11.25% Senior Notes due 2021 (consisting of $392 million issued pursuant to an exchange offer and $208 million issued pursuant to a concurrent new money offering); and $200 million 11.5% Senior Notes due 2020.

Ronshine China is a property developer in the PRC that focuses on the development of mid to high-end residential properties across eight regions, including the Guangdong Hong Kong-Macau Greater Bay Area, the Western Taiwan Straits Economic Zone, Yangtze River Delta regions, Beijing-Tianjin-Hebei Region, Central China Region, Chengdu-Chongqing Region, North-western cities and Middle Reaches Region of Yangtze River. KWM advised Ronshine China in respect of U.S. law and Hong Kong law. The company, led by Ou Zonghong, Zeng Feiyan and Lin Junling, in 2017 recorded $4.46 billion revenues.

King & Wood Mallesons Represented Ronshine China Holdings Limited with a team including partners Hao Zhou (Picture) and Michael Lu, with support from counsel Cynthia Tan and Senior Associates Jason Du and Tan Lu, partner Richard Mazzochi and counsel Ian Hardee.

Involved fees earner: Ian Hardee – King & Wood Mallesons; Michael Lu – King & Wood Mallesons; Richard Mazzochi – King & Wood Mallesons; Cynthia Tan – King & Wood Mallesons; Hao Zhou – King & Wood Mallesons;

Law Firms: King & Wood Mallesons;

Clients: Ronshine China Holdings Ltd;

Author: Michael Patrini