The shares represent approximately 7.78% of the enlarged share capital of China Jinmao.
Latham & Watkins has advised Chinese property developer, China Jinmao Holdings Group Limited (China Jinmao), on its placing of existing shares and top-up subscription of new shares.
Leading global law firm Herbert Smith Freehills has advised Sinopec Oilfield Service Corporation on its private placement of 3.3 billion H-shares on the Hong Kong Exchange.
The H-share placement was made to Sinopec Century Bright Capital Investment Limited and China Structural Reform Fund Corporation Limited, and was completed on 24 January after regulatory approvals were received. It injects close to US$572 million into one of the world' largest oilfield service companies.
The Moscow and London offices of Debevoise & Plimpton LLP have advised the firm’s longstanding client PJSC Polyus (“Polyus”) on the issue by its indirect subsidiary Polyus Finance plc of $250 million senior bonds convertible into global depositary receipts representing ordinary shares of Polyus.
The bonds are guaranteed jointly and severally by Polyus and its subsidiary, JSC Polyus Krasnoyarsk, and were offered and sold outside the United States in reliance on Regulation S of the US Securities Act 1933, as amended.
Bank of Gansu is the only provincial city commercial bank in Gansu province, a region that occupies a key position in Northwest China.
Latham & Watkins has advised Bank of Gansu Co., Ltd. (Bank of Gansu) on its approximate HK$6 billion initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited.
Davis Polk advised the representatives of the several underwriters, in an SEC-registered offering by Ensco plc of $1 billion aggregate principal amount of its 7.75% senior notes due 2026.
Davis Polk also advised the dealer managers in connection with Ensco’s concurrent cash tender offer for its outstanding 8.50% senior notes due 2019, 6.875% senior notes due 2020 and 4.70% senior notes due 2021. The tender offer was funded with the proceeds of the notes offering.
The shares represent approximately 7.78% of the enlarged share capital of China Jinmao.
Latham & Watkins has advised Chinese property developer, China Jinmao Holdings Group Limited (China Jinmao), on its placing of existing shares and top-up subscription of new shares.
Ashurst has advised TerraCom Limited (TerraCom) in relation to an accelerated non-renounceable entitlement offer on a 3 for 13 basis at A$0.215 per share to raise up to A$15 million (Equity Raising).
The Rights Issue is fully underwritten by Gleneagle Securities (Aust) Pty Limited acting as the Lead Manager and Underwriter, and is fully sub-underwritten by Bonython Coal No 1 Pty Limited.
The proceeds from the funds raised will be used to strengthen TerraCom's financial position, including expediting the Blair Athol rail line construction.
Paul Hastings, a leading global law firm, announced today that the firm represented the underwriters in the US$1 billion GDR offering by Kakao Corp., the operator of leading mobile and online platforms in Korea. This marks the largest overseas-listed equity offering by a Korean issuer in a decade.
The GDRs will be listed on the Singapore Exchange, while the underlying common shares will be listed on the Korea Exchange.
Sidley has advised on the initial public offering of Zhenro Properties Group Limited (Zhenro Properties) on the Stock Exchange of Hong Kong. Our clients were CCB International Capital Limited, Guotai Junan Securities (Hong Kong) Limited and Haitong International Securities Company Limited as the underwriters of the transaction. The total offering amount was HK$3.99 billion (excluding over-allotment).
Paul Hastings, a leading global law firm, announced today that the firm represented the underwriters in the US$1 billion GDR offering by Kakao Corp., the operator of leading mobile and online platforms in Korea. This marks the largest overseas-listed equity offering by a Korean issuer in a decade.
The GDRs will be listed on the Singapore Exchange, while the underlying common shares will be listed on the Korea Exchange.