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Conyers acted as special legal counsel in the Cayman Islands and British Virgin Islands to Central China Real Estate Limited (the “Company”) and certain subsidiary guarantors of the Company: Joy Ascend Holdings Limited, Sino Joy Enterprises Limited, Central China Real Estate Holdings Limited, Proud Sky Investments Limited, Leapup Limited, Bumper Up Limited and Artstar Investments Limited, in connection with the Company’s issue of US$300 million 7.25% Senior Notes due 2023.
The Notes are listed on the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”).
The Company develops hotels, commercial and residential buildings and other properties in the People’s Republic of China. It also engages in property investment consulting, leasing, and management activities, as well as in hotel management, designing, commerce and trading and financial services businesses. It was founded in 1992 and is based in Zhengzhou, the People’s Republic of China.
Partner Anna Chong, Counsel Angie Chu and Associate Alexander Doyle of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin (Hong Kong), Li & Partners (Hong Kong) and Commerce & Finance Law Offices (PRC).