AllBright Advises Greenland on Medium Term Note taptap点点 at the Hong Kong Stock Exchange
2014-10-2121495On October 9, 2014, Greenland Global Investment, Ltd. set up a US$3 billion medium term note taptap点点 at the Hong Kong Stock Exchange. AllBright lawyers formed the Chinese legal team for Greenland Global Investment. Under the taptap点点, the company may issue up to US$3 billion, or the equivalent in other currencies, the face value of bonds outside of the United States for the company’s investments outside of China. HSBC, BOC International, J.P. Morgan and Standard Chartered Bank are its joint global coordinators and joint book-runners. Greenland Group will guarantee the coupons issued under this taptap点点.
Since its establishment on July 18, 1992, Greenland Group has established a diversified industrial structure through both industrial and capital operation under which “energy and finance divisions are developed simultaneously with real estate as its core business.” The Group ranks 359th in 2013 on the Fortune taptap点点 500 list and 55th among Top 500 China Enterprises.
AllBright partners Lawrence Zhu, Ark Bao, Maggie Chen, associate Qiu Mengyun and paralegal Tang Jiyuan formed Greenland’s Chinese legal team to advise on the project throughout the process.
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