On September 7, 2021 and March 2, 2022, Sun Hung Kai & Co. (BVI) Limited announced issuance of US$375 million 5% notes and US$75 million 5% notes in Hong Kong respectively, both of which are due 2026 and guaranteed by Sun Hung Kai & Co. Limited. The issuances are consolidated and form a single series under the issuer’s existing US$3 billion guaranteed medium term note program.
Standard Chartered Bank, Bank of China (Hong Kong) Limited, UBS AG Hong Kong Branch, Credit Suisse (Hong Kong) Limited, China CITIC Bank International Limited, The Bank of East Asia Limited, Barclays Bank PLC, Deutsche Bank AG Hong Kong Branch, China Everbright Securities (HK) Limited and FUTEC Financial Limited acted as the joint global coordinators and joint bookrunners for the issuance of US$375 million notes; and Standard Chartered Bank, Bank of China (Hong Kong) Limited and China CITIC Bank International Limited acted as the joint global coordinators and joint bookrunners for the issuance of US$75 million notes. Zhong Lun acted as the managers’ PRC law advisor, and the legal team was led by partner Anthony Qiao and included Chi Cheng, Lisa Liu, Hang Xing and Kun Guo.
Zhong Lun had previously provided legal services for several rounds of note issuances by Sun Hung Kai & Co. (BVI) Limited.
Sun Hung Kai & Co. Limited (SEHK: 86) is a leader in alternative investing headquartered in Hong Kong. Since its establishment in 1969, it has been operating its own market-leading platforms in financial services. Sun Hung Kai & Co. Limited invests across public markets, alternatives and real properties and has an established track record of generating long-term risk adjusted returns for its shareholders.