Sino-Ocean Group Issues Credit Enhanced Green Notes

Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Group Holding Limited, a leading Chinese real estate developer, as the guarantor on the issuance of US$200 Million 3.8% credit enhanced green notes due 2025, by its wholly-owned subsidiary Sino-Ocean Land Treasure IV Limited.

HSBC, China Zheshang Bank Co., Ltd. (Hong Kong Branch) and China Minsheng Banking Corp., Ltd. (Hong Kong Branch) acted as the joint global coordinators, joint lead managers and joint bookrunners; ABC International acted as the joint lead manager and joint bookrunner while HSBC acted as the sole green structuring bank for this transaction.

Recently, Paul Hastings also advised Sino-Ocean Land Treasure IV on its issuance of US$200 million 2.7% guaranteed green notes due 2025, and the issuance of US$320 million 2.7% guaranteed green notes due 2025, both guaranteed by Sino-Ocean Group.

With one of the most active Securities and Capital Markets practices in Asia, Paul Hastings has advised on numerous debt issuance transactions over the past year, including seven bond issuances by six Chinese local government enterprises, Contemporary Ruiding Development’s guaranteed bonds issuance and Rudong County Tongtai Investment’s bond issuance.

The Paul Hastings team was led by corporate partner Vivian Lam, with support from of counsel Jeff Lee, associate Hulka Lo, senior legal manager Jodie Lee and trainee solicitor Alex Chan.

Dedicated to helping the world’s leading Wall Street and global investment banks, asset managers and corporations achieve their business and legal goals, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity and litigation. We are one of only a handful of law firms ranked across multiple core finance areas including: structured credit, leveraged finance, private credit, capital markets and real estate finance.

Our unmatched client service has helped us become one of the legal profession’s most admired firms, known for a diverse and highly collaborative culture that delivers innovative solutions.