Paul Hastings has announced today that the firm advised Baosteel Financing 2015 Pty Ltd. (“Baosteel Financing”) as the issuer on the issuance of US$500 million guaranteed bonds, guaranteed by Baosteel Resources International Company Limited, due 2020.

Deutsche Bank and Standard Chartered Bank acted as the joint global coordinators. Deutsche Bank, Standard Chartered Bank, ANZ, Bank of China, DBS Bank Ltd. and HSBC acted as the joint bookrunners and joint lead managers.

The Paul Hastings team was led by corporate partners Vivian Lam, Brett King and David Grimm, with support from associates James Ma, Erika Wan and May Lun.