KWG Group Holdings Limited’s $100 Million Notes Offering

KWG Group Holdings Limited's $100 Million Notes Offering

Conyers, working alongside Sidley Austin, provided British Virgin Islands and Cayman Islands legal advice to KWG Group Holdings Limited. Shearman & Sterling represented the initial purchasers.

KWG Group Holdings Limited completed its international offering of US$100 million 5.95% senior notes due 2025.

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.

CITIC Bank International, Guotai Junan International, Haitong International, HSBC, Standard Chartered Bank, CMBC Capital, Credit Suisse, J.P. Morgan Securities, The Bank of East Asia, Limited and UBS acted as the initial purchasers.

The Conyers’ team was led by Associate Felicity Lee (Picture).

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

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: Bank of East Asia; China CITIC Bank International; CMBC Capital Finance Limited; Credit Suisse; Guotai Junan International Holdings Ltd.; Haitong International Capital Limited; HSBC; J.P. Morgan Securities LLC; KWG Group Holdings Ltd; Standard Chartered Bank; UBS;

Author: Sonia Carcano