Global Law Office has recently acted as the PRC counsel of the Managers and the Trustee in relation to Huatai Securities Company Limited (Huatai Securities)’s offering of US$800 million 1.3 per cent. bonds due 2024 and US$500 million 2.00 per cent. bonds due 2026. The bonds are issued by Pioneer Reward Limited, a wholly-owned subsidiary of Huatai Securities, and are unconditionally guaranteed by Huatai Securities. The Managers comprise a number of international and Chinese banks and securities companies, fully reflecting the market recognition of the issuances. The successful issuances are a milestone achievement of PRC financial issuers in the international bond market.
Huatai Securities is a leading technology-driven securities group in China. It was listed by way of GDR through the London-Shanghai Stock Connect on the London Stock Exchange (HTSC:LI) on 17 June 2019, which made Huatai Securities as an "A+H+G" listed financial institution.
Global Law Office acted as the PRC counsel to the Managers and the Trustee and provided a full range of legal services (including due diligence, review of prospectus and transaction documents, and issue of legal opinions). Our team is led by Beijing-based partners Xin Zhang and Xing Jin, and other team members include Yawen Tan, Yalin Li and Yuqiao Hu.