Latest Briefings

The sustainability of green financing

Maples Group acted for Xiaomi Corporation in connection with Xiaomi’s offering of US$800,000,000 2.875% Senior Bonds Due 2031 and US$400,000,000 4.100% Senior Green Bonds Due 2051 issued by Xiaomi Best Time International Limited, incorporated in Hong Kong and unconditionally and irrevocably guaranteed by Xiaomi Corporation, a company controlled through weighted voting rights and incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The green bonds offering marked Xiaomi’s initial foray into the world of green financing and more broadly Environmental, Social and Governance (ESG). The proceeds of the green bonds are earmarked for ‘Eligible Projects’ within Xiaomi’s finance framework aimed at positive environmental and social benefits. Their framework follows the green bonds and loan guidelines of the International Capital Markets Association.

Guernsey consolidates economic substance and extends it to partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting periods commencing on or after 1 January 2022, although partnerships formed on or after 1 July 2021 will be in scope immediately on formation where they conduct activities that trigger the economic substance requirements.

Recommended

Hugh Raven

Kier Group goes off-panel for legal advice as it axes housing business

Ashurst is acting for Kier Group in the sale of its housebuilding and property businesses, as it embarks on a two-year radical turnaround plan to lower its debt and stabilise the business. Corporate partner Nick Williamson has taken the lead for Kier, which is slashing costs by selling off its property arm Kier Living, its […]

Penelope Warne

CMS reveals steady, but not stellar, financials two years after merger

Two years into its tripartite merger, CMS has reported a single digit rise in its financials to hit €1.36bn. According to the firm, UK turnover grew 5 per cent over 2018/2019 from £518m to £545.8m, with global revenue also rising 5 per cent to €1.36bn. The rise in revenue is much more muted compared to […]

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies