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Conyers provided Cayman Islands legal advice to Qudian Inc. (the “Company”) in connection with its issue of the aggregate principal amount of US$345 million of its 1.00% convertible senior notes due 2026, convertible into fully paid Class A Ordinary Shares of par value US$0.0001 each in the capital of the Company represented by American depositary shares.
The Company uses big data-enabled technologies, including artificial intelligence and machine learning, to transform the consumer finance experience. It was founded in 2014 and is headquartered in Beijing, the People’s Republic of China.
Partner Anna Chong and Associate Charissa Ball of Conyers’ Hong Kong office advised on the matter working alongside Simpson Thacher & Bartlett (Hong Kong).