International law firm Simmons & Simmons has advised Hsin Chong Construction Group (the “Company”) on a public issuance (in a professional investors market) of US dollars convertible bonds in the principal amount of US$100 million in November 2015.

Hsin Chong Construction Group is one of the largest construction and property development companies based in Hong Kong.

Simmons & Simmons acted for the Company in this transaction which also included an upsize option for the issuance of an additional US$30 million in convertible bonds.

Simmons & Simmons also assisted the Company on the listing of the convertible bonds and the listing of conversion shares on the Hong Kong Stock Exchange. The transaction was completed within a very tight timeline and was an offering based on an accelerated book-building.

Commenting on the transaction, partner Jay Lee, said: "representing the Company, we provided very sophisticated and integrated legal advice on various aspects of the transaction including regulatory and listing aspects as well as commercial and documentation aspects. We successfully completed the bond offering documents and the listing of the convertible bonds and underlying shares on the Hong Kong Stock Exchange in a very tight timeline, which is a good showcase of our strong debt capital markets capability."

The Simmons & Simmons team was led by debt capital markets partner Jay Lee, assisted by Linda Cheng, Christine Zhao, Ruby Lau, Macy Chu and Sophie Qu.