The Freshfields team was led by partners Calvin Lai and Andrew Heathcote

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Beijing Capital Development Group (‘Beijing Capital Group’) on its issuance of US$500 million senior guaranteed bonds due in 2021, with an interest rate of 3.375% and an issue price of 98.983%. Freshfields acted as the English Law counsel for the issuer, Bright Galaxy International Limited, and the guarantor, Beijing Capital Development Holding Group. The bonds were listed today (3 November 2016) on the Hong Kong Stock Exchange.

Beijing Capital Group, the state-owned real estate developer based in the People’s Republic of China, operates, develops and manages a large portfolio of properties worldwide and is the leading developer of residential and affordable housing in the Beijing area.

The Freshfields team advising on the transaction was led by partners Calvin Lai and Andrew Heathcote.