Shearman & Sterling represented HSBC, Valuable Capital Limited, CCB International, CMB International, Shenwan Hongyuan (H.K.), SPDB International and YONXI Securities as the initial purchasers in connection with Shinsun Holdings (Group) Co., Ltd.’s offering of $200 million 12% senior notes due 2023.
Shinsun Holdings (Group) Co., Ltd. is a comprehensive real estate developer in China focusing on the development of quality residential properties in select regions in China. The company has been ranked as one of the Top 10 developers in terms of Operational Efficiency among “China Top 100 Real Estate Developers” since 2018 and “Top 30 Brand of China Real Estate Companies” in 2019.
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).