Jiangsu Zhongnan Construction Group Co., Ltd.’s US$350 Million High-yield Bond Offering

KWM represented Jiangsu Zhongnan Construction Group Co., Ltd. in its issuance of US$350 million 10.875% guaranteed senior notes due 2022.

Zhongnan Construction, one of the leading property developers and a top private construction company in the PRC, primarily engages in property development and building construction. Zhongnan Construction has been ranked among top 20 property developers in the PRC by various authoritative industry rankings. It is also the sole private construction company in the PRC that holds premium and first-class construction qualifications that have been granted to only four construction companies in China.

KWM advised Zhongnan Construction and Jinke Property in respect of the U.S. law. Both transactions were led by partners Hao Zhou (Picture) and Michael Lu, with support from counsel Cynthia Tan, and senior associate Jason Du.

Involved fees earner: Jason Du – King & Wood Mallesons; Michael Lu – King & Wood Mallesons; Cynthia Tan – King & Wood Mallesons; Hao Zhou – King & Wood Mallesons;

Law Firms: King & Wood Mallesons;

Clients: Jiangsu Zhongnan Construction Group Co Ltd ;

Author: Michael Patrini