Jan 2023
Conyers provided British Virgin Islands and Cayman Islands legal advice to JY Grandmark Holdings Limited (the “Company”) in connection with its exchange offer to the holders of its outstanding 7.5% senior notes due 2023 and the issue of an aggregate amount of US$152.1 million 9.5% senior notes due 2024 pursuant to the exchange offer.
The Company is a property developer, operator and property management service provider based in the People’s Republic of China and primarily offers residential properties in Guangdong and Hainan provinces.
Partner Flora Wong and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.