New Metro Global Limited’s $300 Million Bonds Offering

Maples and Shearman & Sterling advised New Metro Global Limited on the offering.

New Metro Global Limited executed an issuance of US$300 million 4.625% guaranteed senior notes due 2025 guaranteed by Seazen Holdings Co., Ltd. and be listed on Singapore Exchange Securities Trading Limited. The notes are being issued as Green Bonds.

New Metro Global Limited operates as a special purpose entity and a subsidiary of Seazen Holdings Co., Ltd., a China-based company principally engaged in real estate development and operation.

The Maples team was led by partner Lorraine Pao (Picture) and associate Irena Wu.

Shearman & Sterling represented New Metro Global Limited with a team 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: Lorraine Pao – Maples and Calder; Irena Wu – Maples and Calder; Yuanjing Chen – Shearman & Sterling; Alan Yeung – Shearman & Sterling;

Law Firms: Maples and Calder; Shearman & Sterling;

Clients: New Metro Global Limited;

Author: Sonia Carcano