Simpson Thacher represented Phoenix Tree Holdings Limited (“Danke”) in connection with its initial public offering and listing on the New York Stock Exchange. The offering comprised 9,600,000 American Depositary Shares (“ADSs”) representing 96,000,000 Class A ordinary shares at $13.50 each for total proceeds of about $129.6 million. Phoenix Tree, whose platform is called Danke Apartments, […]
Simpson Thacher recently represented Weigao Holding Company Limited, in its capacity as guarantor, and Sure First Limited as Issuer of the offering. Sure First Limited, a wholly-owned subsidiary of Weigao Holding, executed the issue of US$150 million 2% Secured Guaranteed Exchangeable Bonds due 2025 (“Bonds”). The Bonds, exchangeable into the H shares of Shandong Weigao […]
Khaitan & Co acted as the Indian Legal Counsel to the President of India, acting through the Ministry of Railways, Government of India and Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation has filed draft papers with markets regulator Sebi for its initial public offering (IPO). The public issue is of up to 140,70,69,000 […]
Sullivan & Cromwell acted as United States counsel to Nomura Holdings, while Anderson Mori & Tomotsune, as Japanese counsel. Simpson Thacher represented the underwriters in the offering. Nomura Holdings, Inc. executed an offering of $1.5 billion of 2.648% Senior Notes due 2025 and $1.5 billion of 3.103% Senior Notes due 2030. The offering was made […]
O’Melveny & Myers LLP represented the sponsor and the underwriters in Hong Kong IPO of Zhongguancun Science-Tech Leasing. Guotai Junan Capital Limited as sole sponsor, Guotai Junan Securities (Hong Kong) Limited actes as main underwriter in the approximately HK$507 million (approximately US$65 million) initial public offering and H share listing of Zhongguancun Science-Tech Leasing Co., […]
Khaitan & Co advised Hyderabad Industries Limited in the deal. Imerys Group acquired Hyderabad Industries’ thermal insulation business for INR 80 crore (approx. US $11.4 million). Imerys Group (Euro 4.6 billion group) is a world leader in mineral-based specialties. Calderys India Refractories Limited is a wholly owned company of Imerys S.A., a company listed on […]
K&L Gates advised Acciona on the development of the AUD511 million (USD 353.7m/EUR 319m) East Rockingham Resource Recovery Facility. The East Rockingham facility, to be located south of Perth in Western Australia, is only the second grid scale waste-to-energy project of its kind to reach financial close in Australia. It is expected to be operational […]
Davis Polk advised the joint bookrunners and representatives of the underwriters for JD.com’s SEC-registered debt offering. JD.com completed the issuance of US$700,000,000 aggregate principal amount of 3.375% Notes due 2030 and US$300,000,000 aggregate principal amount of 4.125% Notes due 2050. After underwriting fees, JD.com said it expects to get $988.3 million on the deal. The […]
Davis Polk advised Sumitomo Mitsui Financial Group, Inc. on its SEC-registered takedown offering of senior TLAC notes. Sumitomo Mitsui Financial Group offering consisted of $1.25 billion aggregate principal amount of 2.348% senior notes due 2025 and $1.25 billion aggregate principal amount of 2.750% senior notes due 2030. The notes are structured to count as total […]
Simpson Thacher represented the initial purchasers, Yuanta Securities (Hong Kong) Co. Ltd. and Yuanta Securities Co., Ltd. Offshore Securities Unit, in connection with the offering. China Petrochemical Development Corporation (“CPDC”) completed its US$129.2 million offering of global depositary shares. The offering was led by Yuanta Securities (Hong Kong) Co. Ltd. and Yuanta Securities Co., Ltd. […]
Dechert acted for 20 underwriters (including China Galaxy International Securities (Hong Kong) Co., Limited as the sole sponsor, a global coordinator, a joint bookrunner and a joint lead manager) on the deal. Huijing Holdings Company Limited completed its initial public offering and listing of the shares, for a total issuance of HK$1.521 billion. Huijing Holdings […]
King & Wood Mallesons advised SANVO Fine Chemicals Group Limited (SANVO Fine Chemicals, Stock Code: 0301) on its HK$130 million initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited. Dechert advised the underwriters (including VBG Capital Limited as the sole sponsor, a joint bookrunner and a joint lead manager). […]
