Conyers Dill & Pearman provided British Virgin Islands legal advice to Xiangyu Investment (BVI) Co., Ltd. in connection with its issue of US$300 million 4.75% guaranteed bonds due 2019 guaranteed by Hong Kong Xiangyu Investment Group Co., Limited with the benefit of a keepwell and liquidity support deed and deed of equity interest purchase undertaking provided by Huai’an Development Holdings Co., Ltd.
Huai’an Development Holdings Co., Ltd. is wholly-owned by the Huai’an Municipal Government and is designated to carry out Huai’an Municipal Government’s blueprint for infrastructure construction and municipal development in Huai’an Economic and Technology Development Zone, located in the centre of northern Jiangsu Province.
Partner Anna Chong of Conyers’ Hong Kong office advised on the matter working alongside King & Wood Mallesons.
