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GLO advises Hydoo International Holding Limited on its offering of USD120,000,000 convertible notes
2015-02-05

Global Law Office advises Hydoo International Holding Limited (“Hydoo International”), a leading developer and operator of large-scale trade centers in China and listed on the Stock Exchange of Hong Kong, on its offering of USD120,000,000 convertible notes to Pingan Real Estate (Hong Kong) Company Limited, a private company wholly-owned by Ping An Real Estate Company Limited which is the real estate investment management arm of Ping An Insurance (Group) Company of China Ltd. 

Bearing a fixed interest rate of 7% per annum, the notes were issued on January 23, 2015 and will be due in 2020.  Citicorp International Limited was the sole placement agent and the trustee for this issuance.  
 

Acted as the PRC legal counsel to the issuer, Global Law Office provided a full range of legal services to the issuer. Our team was led by our Shenzhen-based partner Mr. Cheng Li, and the other team members include Jihong He, Peizhu Kuang, Furong Zhou and Danwei Wen.