DEALS
Zhonglun Advises on Yingli Financing
Zhonglun Advises on Yingli Financing
Yingli Green Energy Holding Company Limited announced on April 16, 2009 that it, through its wholly owned subsidiary in the PRC, successfully drew down a US$50 million three-year loan facility from Asia Debt Management Hong Kong Limited (ADM Capital), and in connection with the financing it also issued 4,125,000 warrants to ADM Capital.
This transaction structure represents the market’s response to the concerns over the structural subordination embedded in pure offshore financing structures as emerged from the ongoing financial crisis.
The Zhonglun team, led by Anthony Zhao and including William Jia, Fang Kun and Shen Jun, has acted as the PRC legal counsel for the lender (ADM Capital) and the arranger (Deutsche Bank) throughout the whole process of this transaction.
Professionals
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Anthony ZHAO
Equity Partner
ShanghaiPractices： Hong Kong & Overseas Capital Markets,Private Equity & Investment Funds,Cross-border Investment/M&AIndustries： Telecommunications & Internet,Information & Intelligence Technology,Healthcare,Pharmaceuticals & Life Sciences,Education & Training,Media-Sports & Entertainment,Banking & Financial Services,Financial Innovation & Fintech -
Anthony ZHAO
Equity Partner
Shanghai
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William JIA
Equity Partner
ShanghaiPractices： Hong Kong & Overseas Capital Markets,Chinese Mainland Capital Markets,Cross-border Investment/M&AIndustries： Financial Innovation & Fintech,Telecommunications & Internet,Information & Intelligence Technology,Pharmaceuticals & Life Sciences,Media-Sports & Entertainment -
William JIA
Equity Partner
Shanghai
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