Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 27-05-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | Beijing State-Owned Assets Management Notes due 2020, due 2025 | Industry: | Public Sector |
| Description: |
DLA Piper advised Beijing State-Owned Assets Management Co., Ltd. on its debut offering of USD1 billion dual tranche bonds, which closed on 26 May 2015. The bonds were issued by BSAM's wholly-owned subsidiary in Hong Kong and had the benefit of a keepwell and liquidity support deed, and a deed of equity interest purchase undertaking provided by BSAM. The bonds were offered in reliance on Regulation S under the US Securities Act. The A3/A-/A rated bonds consisted of series A USD300 million 3.000% notes due in 2020, and series B USD700 million 4.125% notes due in 2025.
Melody He-Chen.
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| Financial Center: | Beijing | Value: | 500.01-1000.00 |
| Advised Party: | Issuer | Law Firm | DLA Piper |
| Issuer Jurisdiction | China | Listing Jurisdiction | Hong Kong |
| Classification: |
Sovereign and Public Sector Bonds Municipal Bonds |
Lawyer | Melody He-Chen |
