Apr 2026
Conyers provided Bermuda legal advice in connection with the issue of 2026 medium term notes (series 1) (Bond Connect) of up to RMB1.2 billion by the issuer on the National Association of Financial Market Institutional Investors.
The issuance comprises two tranches: (a) tranche 1 with an initial issue amount of up to RMB600 million and a maturity of three plus two years (with the issuer’s interest rate adjustment option and investors’ sell-back option at the end of the third interest-bearing year), and (b) tranche 2 with an initial issue amount of up to RMB600 million and a maturity of five years.
Shangri-La Asia develops, owns, leases, operates, and manages hotels and associated properties globally.
Partner Beverly Cheung of Conyers’ Hong Kong office advised on the matter working alongside JunHe LLP.