PRC real estate developer in convertible securities offering

    October 13, 2010 | BY

    clpstaff &clp articles

    PRC real estate developer, Franshion Properties (China), a subsidiary of Sinochem Corporation, has made a private placement offering of US$600 million…

    PRC real estate developer, Franshion Properties (China), a subsidiary of Sinochem Corporation, has made a private placement offering of US$600 million perpetual subordinated convertible securities.

    Boci Asia, Deutsche Bank, JP Morgan Securities and Standard Chartered Bank were the placing agents on the transaction.

    Paul Hastings Janofsky & Walker represented Franshion Properties and its Hong Kong-based team was led by Vivian Lam and Raymond Li. Linklaters counselled the placing agents.

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