Legal DealFolio - Rizhao Port Group Issuance of Dim Sum Bonds

DLA Piper has advised Rizhao Port (Hong Kong) Company Limited, (Rizhao Port) on its issue of RMB 850 million worth of credit enhanced bonds, its first "Dim Sum" bond offering in Hong Kong, in mid-May. DLA Piper acted as Hong Kong counsel for the bond issuer, Rizhao Port, and its PRC-based parent company, Rizhao Port Group Co. Ltd., ("Rizhao Port Group"). DLA Piper assisted in preparation of the bond offering circular and key transaction documentation whilst also arranging listing of the bonds on the Hong Kong Stock Exchange. The bond issue was the first time Rizhao Port Group, a PRC SOE with a diversified corporate group involved in port operations, construction contracting and commodities trading, had undertaken a bond issue outside of the PRC. The bond issue involved a collaborative effort across three of DLA Piper's Asian offices in Beijing, Hong Kong and Singapore, including partners John Shi, Paul Lee, Ben Sandstad and Jeffrey Mak, and lawyers David Cheng, Yao Chi and Andrew Nicholls.

Deal Date:	11-06-2014	Practice Area:	Debt Capital Markets
Deal Title:	Rizhao Port Group Issuance of Dim Sum Bonds	Industry:	Industrial Transportation
Description:	DLA Piper has advised Rizhao Port (Hong Kong) Company Limited, (Rizhao Port) on its issue of RMB 850 million worth of credit enhanced bonds, its first "Dim Sum" bond offering in Hong Kong, in mid-May. DLA Piper acted as Hong Kong counsel for the bond issuer, Rizhao Port, and its PRC-based parent company, Rizhao Port Group Co. Ltd., ("Rizhao Port Group"). DLA Piper assisted in preparation of the bond offering circular and key transaction documentation whilst also arranging listing of the bonds on the Hong Kong Stock Exchange. The bond issue was the first time Rizhao Port Group, a PRC SOE with a diversified corporate group involved in port operations, construction contracting and commodities trading, had undertaken a bond issue outside of the PRC. The bond issue involved a collaborative effort across three of DLA Piper's Asian offices in Beijing, Hong Kong and Singapore, including partners John Shi, Paul Lee, Ben Sandstad and Jeffrey Mak, and lawyers David Cheng, Yao Chi and Andrew Nicholls.
Financial Center:	Beijing	Value:	100.01-500.00
Advised Party:	Issuer	Law Firm	DLA Piper
Issuer Jurisdiction	China	Listing Jurisdiction	Hong Kong
Classification:	Corporate Bonds Senior Debt	Lawyer	John Shi

Practice Areas -

Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers