Conyers Dill & Pearman provided British Virgin Islands legal advice to Xiangyu Investment (BVI) Co Ltd. in connection with its issue of $300m 4.75% guaranteed bonds due 2019 guaranteed by Hong Kong Xiangyu Investment Group Co Ltd with the benefit of a keep well and liquidity support deed and deed of equity interest purchase undertaking provided by Huai’an Development Holdings Co Ltd.
Huai’an is wholly-owned by the Huai’an Municipal Government and is designated to carry out Huai’an Municipal Government’s blueprint for infrastructure construction and municipal development in Huai’an Economic and Technology Development Zone in the centre of northern Jiangsu Province.
Partner Anna Chong of Conyers’ Hong Kong office advised on the matter working alongside King & Wood Mallesons.
