Jan 2026
Conyers provided British Virgin Islands legal advice to CAS Holding No. 1 Limited (the “Offeror”), an indirect wholly-owned subsidiary of PCCW Limited (“PCCW”), in connection with its offer to purchase the outstanding US$750 million perpetual subordinated guaranteed securities issued by CAS Capital No. 1 Limited and irrevocably and unconditionally guaranteed by the Offeror.
PCCW, whose shares are listed on the SEHK (stock code: 0008) and traded in the form of American Depositary Receipts on the OTC Markets Group Inc. in the U.S. (Ticker: PCCWY), is a global company headquartered in Hong Kong which holds interests in telecommunications, media, IT solutions, property development and investment, and other businesses.
Partners Richard Hall and Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Linklaters.