Jul 2021
Conyers acted as special legal counsel in the Cayman Islands to Sunac China Holdings Limited (“Sunac China”) in connection with the issue by Sunac China of 6.8% Senior Notes due 2024 with an aggregate principal amount of US$400 million and 6.5% Senior Notes due 2026 with an aggregate principal amount of US$100 million (the “Notes”) to be consolidated and form a single series with the US$500 million 6.5% Senior Notes due 2026 issued by Sunac China on 26 January 2021.
Conyers also acted as special legal counsel in the British Virgin Islands to the subsidiary guarantors of Sunac China, Zhuo Yue Real Estate Investment Holdings Limited, Ying Zi Real Estate Investment Holdings Ltd, Ding Sheng Real Estate Investment Holdings Ltd, Jujin Real Estate Investment Holdings Ltd, Qiwei Real Estate Investment Holdings Ltd. and Sunac Real Estate Investment Holdings Ltd in connection with the issuance of the Notes.
Sunac China is principally engaged in the development and sale of properties in the People’s Republic of China.
Partner Anna Chong and Associate Charissa Ball of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.