Paul Hastings Advises Yuzhou Properties on US$300 Million Senior Notes Offering

October 07, 2013

Hong Kong - Paul Hastings, a leading global law firm, announced today that the firm represented Yuzhou Properties Company Limited (“Yuzhou Properties”), a leading property developer in China’s Fujian province listed on the Main Board of the Hong Kong Stock Exchange, in its issuance of US$300 million 8.75% senior notes (“Notes”) due 2018. BOC International, DBS, Deutsche Bank, HSBC, J.P. Morgan and UBS were the joint lead managers and joint bookrunners.

Yuzhou Properties intends to use the net proceeds of the Notes to refinance its existing indebtedness and for general corporate purposes.

Paul Hastings has advised Yuzhou Properties on a number of debt-related transactions over the past few years, including its US$250 million senior notes offering in 2012, US$200 million senior notes offering in 2010, and US$129 million fixed rate guaranteed bonds issue in 2009.

The Paul Hastings team was led by Raymond Li, partner and Chair of Greater China, and partners Vivian Lam and David Grimm with support from associates Celia Chau, Dane Johansen and May Lun.

Paul Hastings 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.