Conyers provided British Virgin Islands and Cayman Islands legal advice to Agile Group Holdings Limited (“Agile”) in connection with its HK$5.253 billion and US$28.5 million term loan facility with a greenshoe option of US$1.2 billion or its HK$ equivalent secured by guarantees and share charges over British Virgin Islands and Hong Kong subsidiaries and governed by an Intercreditor Agreement and a Sub-Collateral Agent Appointment Agreement.

Agile is one of the leading property developers in China, focusing primarily on the development and sale of medium to large-scale, high-quality residential properties in China. In addition, Agile develops commercial properties, including retail shops that are complementary to its residential properties, shopping malls, office buildings and hotels.

Partner Paul Lim and Associate Beverly Cheung of Conyers’ Hong Kong office advised on the matter, working alongside Sidley Austin.

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