Conyers advises China Aoyuan Property Group on issue of senior notes
Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands legal advice to China Aoyuan Property Group in connection with issue of $300m (£180m) 11.25 per cent senior notes due 2019 (ranking pari passu with all unsecured and unsubordinated indebtedness subject to priority rights pursuant to applicable law) supported by subsidiary guarantees of ‘restricted subsidiaries’ within the group and charges over the share capital of all ‘restricted subsidiaries’ on a first priority basis subject to an intercreditor arrangement.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Conyers Dill & Pearman
News from The Lawyer
Briefings from Conyers Dill & Pearman
The Supreme Court has now “clarified”, in reality re-formulated, the applicable test for determining whether a particular contractual provision should be struck down as being a penalty.
An appeal to claw back redemption payments has been opposed.