Eversheds Sutherland advises China Hongqiao Group Limited on its issue of US$300,000,000 senior notes

China Hongqiao is principally engaged in the manufacture and sales of aluminum products and is one of the largest aluminum producers in the world. The lead global coordinator of the Note Issue was China CITIC Bank International Limited. The joint global coordinator, joint lead managers and joint bookrunners included: China CITIC Bank International Limited, Crédit Agricole Corporate and Investment Bank, UBS AG Hong Kong Branch, Barclays Bank PLC, Standard Chartered Bank, CMB International Capital Limited, Deutsche Bank AG, Hong Kong Branch, DBS Bank Ltd, Dragonstone Capital Management Limited, Flow Capital (HK) Limited and BG Securities (HK) Co., Limited.

Our team in Hong Kong was led by Partner Roger Zhou who was supported by Partner Stephen Mok, Associate Austin Seto, and Paralegal Janice Han. The UK team was led by Partner Jonathan Malim, supported by Senior Associate Alistair Stark, while the US team was led by Partner Darryl Smith, supported by Senior Associate Michael Petrov.

Ms. Christine Wong, Director and Head of Corporate Finance Department of China Hongqiao, commented:

“We are thrilled to have successfully concluded the transaction. Our collaboration with the Eversheds Sutherland team was truly outstanding. We express our sincere gratitude to the team for their unwavering professionalism, dedication, and meticulous efforts, which were instrumental in achieving our legal and commercial objectives.”

Roger Zhou, Partner, commented:

Issue of high-yield notes has been uncommon in the Hong Kong market over the past two years owing to challenging market conditions. We’re therefore particularly delighted to have had such a great opportunity to represent our long standing client in this deal. We successfully completed this transaction within a challenging timeframe, which serves as an excellent example of cross-office collaboration as well as enhancing our track record in advising on capital market products.