Shearman & Sterling represented the initial purchasers including Credit Suisse (Hong Kong) Limited, Guotai Junan Securities (Hong Kong) Limited, BNP Paribas, Morgan Stanley & Co. International plc, UBS AG Hong Kong Branch, BOCI Asia Limited, CMB International Capital Limited, Haitong International Securities Company Limited, HeungKong Securities Limited and Shenwan Hongyuan Securities (H.K.) Limited in connection with DaFa Properties Group Limited’s offering $180 million 9.95% senior notes due 2022.
DaFa Properties Group Limited is headquartered in Shanghai, China and operates as a real estate developer. The company develops and sells residential properties, office floors and commercial complexes, and offers property management and leasing services in China.
The Shearman & Sterling team was led by partner Alan Yeung (Hong Kong-Capital Markets); associate Yuanjing Chen; and legal assistant Cathy Qian (both Shanghai-Capital Markets).
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