Conyers advises Central China Real Estate and BVI subsidiaries on issuance of senior notes
Conyers Dill & Pearman has advised Central China Real Estate Ltd and its BVI subsidiaries on the issuance of senior notes by Central China Real Estate valued at $400m with security given by its subsidiaries.
The notes are due in 2018 and have a 6.5 per cent interest rate per annum.
Headquartered in the People’s Republic of China, Central China Real Estate is the leading property developer in Henan.
The notes are listed on the Singapore Securities Exchange.
Anna Chong of Conyers’ Hong Kong office advised Central China Real Estate Ltd and its BVI subsidiaries on the deal.
News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
Cayman Islands Law Update: the Exempted Limited Partnership Bill and the Contracts (Rights of Third Parties) Bill
Following extensive consultation in both the public and private sectors, the Exempted Limited Partnership Bill 2014 was gazetted on 21 February 2014.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.