Jun 2021
Conyers provided British Virgin Islands legal advice to NWD Finance (BVI) Limited, a wholly owned subsidiary of New World Development Company Limited (“New World Development”), in connection with New World Development’s offer to purchase for cash its outstanding US$1.2 billion 5.75% guaranteed senior perpetual capital securities.
New World Development’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.