Jul 2021
Conyers provided British Virgin Islands and Cayman Islands legal advice to Redco Properties Group Limited (“Redco Properties”) in connection with its issue of an aggregate principal amount of US$100.8 million 11.0% senior notes due 2022 to be consolidated and form a single series with the Company’s US$220 million 11.0% senior notes due 2022 issued on 6 August 2020.
Redco Properties is an integrated residential and commercial property developer primarily focusing on residential property development in the People’s Republic of China with an established presence in a number of key economic cities in the Greater Western Taiwan Straits Economic Zone, the Bohai Economic Rim, the Central and Western Regions and the Pearl River Delta Region.
Partner Flora Wong and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.