Chinese cement company in debt offering
July 28, 2011 | BY
clpstaff &clp articlesPRC clinker and cement producer, China Shanshui Cement Group has made an offering of Rmb1.5 billion (US$233 million) 6.5% senior notes due 2014. The joint…
PRC clinker and cement producer, China Shanshui Cement Group has made an offering of Rmb1.5 billion (US$233 million) 6.5% senior notes due 2014. The joint lead managers and joint bookrunners of the offering were BOC International, Credit Suisse, Deutsche Bank and UBS.
The issuer also recently completed a high-yield debt offering of US$400 million senior notes at the end of May.
In the most recent offering, a Latham & Watkins Hong Kong-based team, led by Eugene Lee advised China Shanshui Cement Group on US law aspects. The issuer was also represented by Norton Rose, Commerce & Finance Law Offices and Maples and Calder as to Hong Kong law, PRC law and Cayman Islands and BVI laws, respectively. Underwriters counsel was Shearman & Sterling for US law and Jingtian & Gongcheng for PRC law.
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