Zhong Lun Advises on Longfor Properties Co., Ltd.’s Issuance of US$400,000,000 6.875% Senior Notes Due 2019
Zhong Lun Advises on Longfor Properties Co., Ltd.’s Issuance of US$400,000,000 6.875% Senior Notes Due 2019
On October 11, 2012, Longfor Properties Co., Ltd. (HKSE Stock Code: 960) announced that the company and its subsidiary guarantors had entered into a Purchase Agreement with Barclays Bank, Deutsche Bank, HSBC, Morgan Stanley and Standard Chartered Bank, in connection with the issuance of US$400 million principal amount of its 6.875% senior notes due 2019 (“Senior Notes").
Longfor Properties Co., Ltd. got listed on the main board of Hong Kong Stock Exchange on November 19, 2009. Its main business covers real estate development, business operation and property management.
HSBC and Standard Chartered Bank acted as the Joint Global Coordinators, and Barclays Bank, HSBC, Morgan Stanley, Deutsche Bank, Standard Chartered Bank acted as the Joint Bookrunners and Joint Lead Managers.
Zhong Lun Law Firm took the role as the PRC counsel to the Joint Bookrunners and Joint Lead Managers on the issuance of the Senior Notes. Professionals involved included Anthony Qiao, Michael Chen, Elaine Wang, Sabrina Zou and Conrad Zhang.