Baker & McKenzie's securities team recently advised China Water Property Group Limited, a company listed on The Stock Exchange of Hong Kong Limited, on its issuance of HK$350 million 12.5% senior notes due 2016.  The net proceeds from the issuance will be primarily used for existing and new property projects (including construction costs and land premiums) and for general corporate purposes.  Guotai Junan Securities (Hong Kong) Limited acted as the sole global coordinator, sole lead manager and sole bookrunner.

The Baker & McKenzie team was led by Hong Kong-based securities partner Brian Spires, corporate partner Rossana Chu and Beijing-based banking & finance partner Simon Leung.  They were supported by registered foreign lawyers Christopher Shen, Christine Zhao and Isabelle Wu.

China Water Property is an integrated commercial and residential property developer, owner and operator in China, engaged in property development, property investment, property management and hotel businesses located primarily in Wuhan, Hangzhou and other first and second tier cities.

Baker & McKenzie has been involved in a number of recent debt capital markets deals, including advising China Railway Construction Corporation Limited on its US$800 million bond issuance; Xinyuan Real Estate Co., Ltd., a NYSE-listed residential real estate developer in China, on its issuance of US$200 million 13.25% senior notes due 2018; Regal REIT on its US$1 billion medium term note programme as well as issuance of US$150 million 4.10% guaranteed notes due 2018; Yuexiu REIT on its US$1 billion medium term note programme as well as issuance of US$350 million 3.10% notes due 2018; Yuexiu Property Company Limited on its first US$2 billion medium term note programme as well as issuance of US$850 million notes; Yue Xiu Enterprises (Holdings) Limited on its initial issuance and private placement of HK$1 billion 6.4% notes due 2019, follow-on issuance of HK$1 billion 6.4% notes due 2020 and private placement and on its third note issuance of HK$1 billion 5.65% corporate notes due 2018, Champion REIT on its US$1 billion guaranteed medium term note programme; Cheung Kong (Holdings) Limited and its wholly-owned subsidiary, Cheung Kong Bond Securities (03) Limited ("CKBS"), on the issue and offering by CKBS of US$500 million 5.375% guaranteed senior perpetual securities; Cheung Kong (Holdings) Limited and its wholly-owned subsidiary, Cheung Kong Bond Securities (02) Limited ("CKBS") on the issue and offering by CKBS of HK$1 billion 5.25% guaranteed senior perpetual securities; advising the joint bookrunners and the trustee, on the issuance by China ITS (Holdings) Co., Ltd of RMB210 million 10% guaranteed bonds due 2015; China South City Holdings Limited on its issue of US$125 million 13.50% senior notes due 2017; advising the issuer, CFG Investment S.A.C., an indirect wholly-owned Peruvian subsidiary of China Fishery Group Limited, on its US$300 million offering of 9.75% Senior Notes due 2019; Yanzhou Coal Mining Company Limited on its US$1 billion Notes issue; and China WindPower Group Limited on its RMB750 million guaranteed bonds issuance.