Shearman & Sterling represented J.P. Morgan, Deutsche Bank, HSBC and UBS as the joint lead managers in connection with eHi Car Services Limited’s offering of $300 million 7% senior notes due 2026.

The firm also represented J.P. Morgan and Deutsche Bank as the dealer managers with the offer to purchase for cash by eHi Car Services Limited for its outstanding 5.875% senior notes due 2022.
Headquartered in Shanghai, eHi Car Services Limited is a leading car rental and car services provider in China.
The Shearman & Sterling team was led by partner Alan Yeung (Hong Kong-Capital Markets); associate Yuanjing Chen; special associate Cathy Qian; and legal assistant Bixuan Wang (all Shanghai-Capital Markets).