Zhong Lun Advises China Power International Development Limited on Public Note Issuance in Hong Kong
Zhong Lun Advises China Power International Development Limited on Public Note Issuance in Hong Kong
On May 13, 2011, China Power International Development Limited issued a USD Settled Convertible Bonds in an aggregate principal amount of RMB 982,000,000 in Hong Kong, with the interest rate at 2.25% and due in 2016.
Zhong Lun Law Firm is the only PRC firm involved in the issuance of the bond and acted as the PRC counsel of the Joint Book Runners and Joint Lead Managers on the issue of the note. Professionals involved included partners Anthony Qiao, Ellen Chan and Michael Chen, and associates Lucy Luo, Wendy Yan and Sabrina Zou. The Royal Bank of Scotland and Credit Suisse acted as the Joint Book Runners and Joint Lead Managers.
China Power International Development Limited was incorporated in Hong Kong on March 24, 2004 and has been listed on the HKSE since October 15, 2004, with the main business of investment in, development and operation of power plants in China.