Shearman & Sterling represented DBS Bank Ltd. and Keystone Capital Limited as the joint lead managers in connection with Gemstones International Limited’s HK$298 million 6% guaranteed commercial paper notes due 2021, US$7.36 million 6% guaranteed commercial paper notes due 2021 and CNY$8.6 million 6% guaranteed commercial paper notes due 2021, unconditionally and irrevocably guaranteed by LVGEM (China) Real Estate Investment Company.
The team was led by partner Alan Yeung (Hong Kong-Capital Markets); associate Yuanjing Chen; international specialist Yiming Chen (both Shanghai-Capital Markets); and Hayley Law (Hong Kong-Capital Markets).
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