KWG Group Holdings’ $158 Million Notes Offering

Shearman & Sterling represented the initial purchaser. Conyers, working alongside Sidley Austin, acted for KWG Group Holdings Limited.

KWG Group Holdings Limited completed an offering of $158 million 7.40% senior notes due 2024.

J.P. Morgan acted as the initial purchaser. 

Established in 1995, KWG Group has been listed on the Stock Exchange of Hong Kong (Stock code: 1813) since 2007. It is headquartered in Guangzhou China and is primarily engaged in the development of residential, commercial and hotel properties in various cities including Guangzhou, Suzhou, Kunshan, Chengdu and Beijing.

The Shearman & Sterling’ team was led by partner Alan Yeung (Picture, Hong Kong-Capital Markets); associate Yuanjing Chen; special associate Cathy Qian; and legal assistant Bixuan Wang (all Shanghai-Capital Markets).

The Conyers’ team consisted of associate Felicity Lee. 

Involved fees earner: Felicity Lee – Conyers Dill & Pearman; Yuanjing Chen – Shearman & Sterling; Cathy Qian – Shearman & Sterling; Alan Yeung – Shearman & Sterling;

Law Firms: Conyers Dill & Pearman; Shearman & Sterling;

Clients: JP Morgan; KWG Group Holdings Ltd;

Author: Sonia Carcano