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Sino-Ocean Group Issues US$700 Million Floating Rate Guaranteed Notes

Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Group Holding Limited as the guarantor in relation to the issue by its wholly-owned subsidiary, Sino-Ocean Land Treasure IV Limited, of US$700 million floating rate guaranteed notes due 2021.

The Hong Kong and Shanghai Banking Corporation Limited, Goldman Sachs (Asia) L.L.C., UBS AG Hong Kong branch, China CITIC Bank International Limited , Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch and Industrial Bank Co., Ltd., Hong Kong Branch acted as the joint lead managers.

Paul Hastings has advised Sino-Ocean on several debt capital markets, and loan facility transactions over the past few years including on its US$600 million perpetual securities offering in 2017; its US$1.2 billion guaranteed notes offering in 2015; its US$1.2 billion guaranteed notes offering and US$800 million multi-currency term loan facility in 2014.

The Paul Hastings team in Hong Kong was led by corporate partner

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