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Zhong Lun Advised on Ascendent’s Investment in NetDragon’s Education Subsidiary
Zhong Lun Advised on Ascendent’s Investment in NetDragon’s Education Subsidiary
Release time：2020-03-11
Voice Announcements
On March 10, 2020, Hong Kong listed NetDragon Websoft Holding Limited (777.HK) announced that, Ascendent Capital has completed the investment in its education subsidiary, in the form of secured convertible and exchangeable bonds with the net investment amount of US$142 million.
Zhong Lun Law Firm acted as the PRC legal counsel to Ascendent Capital. The legal team from Zhong Lun was led by Anthony Zhao and Luke Zhang, and included Jermyn Hu, Cynthia Yuan, etc.
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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Luke ZHANG
Equity Partner
ShanghaiPractices： Private Equity & Investment Funds,Cross-border Investment/M&A,Hong Kong & Overseas Capital MarketsIndustries： Telecommunications & Internet,Information & Intelligence Technology,Pharmaceuticals & Life Sciences,Healthcare,Education & Training,Media-Sports & Entertainment,Financial Innovation & Fintech -
Luke ZHANG
Equity Partner
Shanghai
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