BAIC Finance Investment Co., Ltd.’s $350 Million Notes Offering

Maples and Calder acted as British Virgin Islands counsel to BAIC Finance Investment Co., Ltd. The Issuer and the Guarantor were also advised by King & Wood Mallesons as to Hong Kong and English law, and by Jun He LLP as to PRC law. The joint lead managers DBS, Bank of Communications and China Everbright Bank were advised by Simmons & Simmons as to English law and by Hylands Law Firm as to PRC law.

BAIC Finance Investment Co., Ltd. announced the issuance of an aggregate of US$350 million notes due 2024, which closed on 16 March 2021.  The notes are guaranteed by BAIC Motor Corporation Limited (the “Guarantor”) and are listed on The Stock Exchange of Hong Kong Limited.  

The Maples team comprised partner Derrick Kan (Picture) and legal manager Ray Tso.  

Involved fees earner: Derrick Kan – Maples and Calder; Ray Tso – Maples and Calder;

Law Firms: Maples and Calder;

Clients: BAIC Finance Investment Co.;

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Sonia Carcano

Author: Sonia Carcano