Conyers advises Pacific Century Premium Developments Limited in connection with its guarantee of US$570 million 4.75% notes due 2022

Conyers Dill & Pearman provided Bermuda and BVI legal advice to Pacific Century Premium Developments Limited (the “Guarantor”) in connection with the issuance of US$570 million 4.75% guaranteed bonds due 2022 by PCPD Capital Limited (the “Issuer”) unconditionally and irrevocably guaranteed by the Guarantor.

Majority-owned by PCCW Limited (“PCCW”), Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium property and infrastructure projects, as well as investment in premium-grade buildings in the Asia-Pacific region.

Partner Bernadette Chen of Conyers’ Hong Kong office advised on the matter working alongside Linklaters (Hong Kong).