Recently, a domestic syndicate consisting of United Overseas Bank Limited and Credit Suisse AG has successfully granted a syndicated loan of hundreds of millions RMB for the “Florentia Village" project in Shanghai (“Florentia Village" is China’s first shopping center dedicated to top-notch brands from Italy), and meanwhile, an overseas syndicate consisting of United Overseas Bank Limited, Credit Suisse AG and China CITIC Bank International Limited has successfully granted a syndicated loan to the offshore shareholder of the developer of this project.
Zhong Lun Law Firm acted as the PRC counsel for domestic and overseas bank syndicates and provided comprehensive legal services for this refinancing project. The legal team was led by Shirley Lu, the partner of Zhong Lun Shanghai Office, and the team members include Joy Gao, Rick Cao and Sophia Chen.