Conyers provided British Virgin Islands legal advice to NWD Finance (BVI) Limited, a wholly owned subsidiary of New World Development Company Limited (the “Company”), in connection with its issue of an aggregate amount of US$200 million 5.25% guaranteed senior perpetual capital securities, to be consolidated and form a single series with the US$650 million 5.25% guaranteed senior perpetual capital securities issued on 22 June 2020 guaranteed by the Company.

The Company’s core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, boasting operations in Hong Kong, Mainland China, Macau and numerous major cities.

Partner Richard Hall and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter, working alongside Linklaters.

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