Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 15-01-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | China Merchants Bank Offering of Notes due 2017, due 2019 | Industry: | Banks |
| Description: |
Herbert Smith Freehills advised China Merchants Bank Co. Ltd. Hong Kong Branch on the second drawdown of its USD5 billion Medium Term Note (MTN) Program established in 2014.
The second drawdown consisted of RMB1 billion Formosa bonds, issued and listed in Taiwan, and another RMB1 billion worth of Lion City bonds, issued and listed in Singapore. The Formosa bonds have a 4.05% coupon and will mature in 2019 while the Lion City bonds have a 3.95% coupon and mature in 2017.
The Herbert Smith Freehills team on the deal was led by Hong Kong partner Kevin Roy, who was assisted by consultant Cindy Kao in Hong Kong, and senior associate Gareth Deiner and associate Nupur Kant in Singapore.
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| Financial Center: | Hong Kong | Value: | 100.01-500.00 |
| Advised Party: | Issuer | Law Firm | Herbert Smith Freehills |
| Issuer Jurisdiction | China | Listing Jurisdiction | China |
| Classification: |
Corporate Bonds Senior Debt |
Lawyer | Kevin Roy |
