NWD Finance (BVI) Limited’s $1.2 Billion Guaranteed Senior Perpetual Capital Securities Close

Conyers, working alongside Linklaters, provided British Virgin Islands legal advice to NWD Finance (BVI) Limited, a wholly owned subsidiary of New World Development Company Limited, in connection with New World Development’s offer to purchase for cash its outstanding US$1.2 billion 5.75% guaranteed senior perpetual capital securities.

New World Development’s core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, boasting operations in Hong Kong, Mainland China, Macau and numerous major cities.

The Conyers team was led by Partner Richard Hall (Picture) and Associate Ryan McConvey. 

Involved fees earner: Richard Hall – Conyers Dill & Pearman; Ryan McConvey – Conyers Dill & Pearman;

Law Firms: Conyers Dill & Pearman;

Clients: NWD Finance BVI;

Author: Sonia Carcano