Dec 2020
Conyers acted as special legal counsel in the Cayman Islands to Sunac China Holdings Limited (the “Company”) in connection with the issue by the Company of 7.0% Senior Notes due 2025 with an aggregate principal amount of US$200 million (the “2025 Notes”) to be consolidated and form a single series with the US$400 million 7.0% Senior Notes due 2025 issued by the Company on 9 July 2020 and of 6.65% Senior Notes due 2024 with an aggregate principal amount of US$120 million (the “2024 Notes”, together with the 2025 Notes, the “Notes”) to be consolidated and form a single series with the US$500 million 6.65% Senior Notes due 2024 issued by the Company on 3 August 2020.
Conyers also acted as special legal counsel in the British Virgin Islands to the subsidiary guarantors of the Company, 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.
Partner Anna Chong and Associate Charissa Ball of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.