Hong Kong (September 10, 2009) Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Sino-Ocean Land Holdings Limited, one of the largest real estate companies in Beijing, on a US$700 million loan facility from 19 banks with Bank of China and China Construction Bank as mandated coordinating arrangers.
Vivian Lam, a partner in the Hong Kong office of Paul Hastings, commented: We are delighted to have advised Sino-Ocean Land on this transaction. The Facility will open up a new financing channel that will improve the long term debt structure of the Company.
The Paul Hastings team was led by Vivian Lam, assisted by Andrew Li and Erika Wan.
About Sino-Ocean Land Holdings Limited: Sino-Ocean Land is based in Beijing and was established in 1993. It is listed on the main board of The Hong Kong Stock Exchange and is ranked among the 10 largest listed property companies in Hong Kong.
Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.