Jun 2022
Conyers provided Cayman Islands legal advice to Konew Fintech Corporation Limited (“Konew Fintech”) in connection with (i) the establishment of a HK$2 billion secured medium term note programme (the “MTN Programme”) by the Company relating to the issue of medium term notes by the Company to be guaranteed by Konew Capital International Limited and Maxcolm Finance Limited (together, the “Subsidiary Guarantors”), (ii) the issue of series 001 HK$18.2 million fixed rate notes due 2022 under the MTN Programme and (iii) the tap issue of series 001 HK$11 million fixed rate notes due 2022 to be consolidated and form as a single series with the existing series 001 HK$18.2 million fixed rate notes due 2022 issued on 7 June 2022 under the MTN Programme.
Kownew Fintech is one of the leading companies in mortgage loan and property finance industry in Hong Kong, with more than 200 employees in Hong Kong, Taiwan and China branches.
Partner Wynne Lau and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside the Company’s counsel, King & Wood Mallesons.