DEALS
Zhong Lun Advises UA Finance (BVI) Limited on Public Note Issuance in Hong Kong
Zhong Lun Advises UA Finance (BVI) Limited on Public Note Issuance in Hong Kong
On March 3, 2011, UA Finance (BVI) Limited issued the medium term note in an aggregate principal amount of USD 3 billion in Hong Kong. On April 27, 2011, UA Finance (BVI) Limited issued RMB 500 million note under the aforesaid medium term note program, with the interest rate at 4.0% and due in 2014.
Zhong Lun Law Firm was the only PRC firm involved in the issuance of the bond and acted as the PRC counsel of the Arranger and Dealers 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. Standard Chartered Bank (Hong Kong) Limited acted as the Arranger and one of the Joint Dealers, Oversea-Chinese Banking Corporation Limited acted as the other one of the Joint Dealers.
UA Finance (BVI) Limited, a wholly-owned subsidiary of the Guarantor (i.e. United Asia Finance Limited), was incorporated in BVI on January 27, 2011. And United Asia Finance Limited was incorporated in Hong Kong, with the main business of small-loan in China.
Professionals
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Anthony QIAO
Equity Partner
ShanghaiPractices： Chinese Mainland Capital Markets,Hong Kong & Overseas Capital Markets,Financial Products & TrustsIndustries： Real Estate,Urban Infrastructure,Transportation & Logistics,Tourism & Hospitality,Energy & Power,Insurance,Healthcare -
Anthony QIAO
Equity Partner
Shanghai
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