Jun 2022
Conyers provided Cayman Islands legal advice to Leading Holdings Group Limited (“Leading Holdings”) in connection with its offer to exchange at least 90% of its outstanding 12.0% senior notes due 2022 and the issue of an aggregate principal amount of US$119.43 million 12.0% senior notes due 2023 in exchange for validly tendered notes in the exchange offer.
Leading Holdings (collectively with its subsidiaries) is a leading Sichuan-based property developer with a nationwide presence in the People’s Republic of China focusing on providing quality residential properties to home upgraders, developing commercial properties, including office buildings, shopping blocks, commercial complexes and apartments and operating hotels.
Partner Richard Hall and Associates Ryan McConvey and Yvonne Lee of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.