Topic
Debt Financing
80 published works
China Law Insight
金杜代表承销商助力国美电器成功发行4亿美元境外公司债券
By King & Wood
作者：金杜律师事务所 2017年3月10日，金杜律师事务所代表承销商巴克莱银行成功协助国美电器控股有限公司（简称“国美电器”）完成在境外发行公司债券，债券发行总金额达4亿美元，利率5.00%，债券期限为3年。本次债券发行完成后，将于新加坡交易所上市。 此次境外发行债券项目，受到国际政治经济形势等不利因素影响，亚洲债券市场也面临其他来自韩国、新加坡等高评级公司债券同期发行的情况，但本次债券发行仍受到投资者的青睐，来自境外银行、机构投资者等合格投资人的超额认购体现了国际投资人对中国市场和中国经济发展的认可与信心。 金杜在该项目中担任承销商巴克莱银行的中国法律顾问，全面参与了本项目的各个环节：从为承销商提供境内法律顾问服务，主导对发行人境内10家重要子公司超过500家门店的尽职调查，到协助发行人的境内公司完成本次债券发行的发改委备案，以及对本项目法律意见书、募集说明书、承销协议、发行公告等主要交易文件的起草、修订及相关后续工作，得到了发行人、承销商及其他各方的认可。项目负责合伙人是宋瑞秋和刘东亚。 宋瑞秋律师表示，“能够助力巴克莱银行成功完成国美电器的此次境外发债项目，让我感到很振奋。我们在资本市场领域，借助多年的经验、扎实的专业能力以及创新性思维，出色地完成一个又一个具有代表性的交易，这为我们赢得了众多客户的口碑。”
China Law Insight
金杜助力兴业银行设立50亿美元中期票据项目并首次提取借款
By King & Wood
作者：金杜律师事务所 金杜律师事务所担任兴业银行股份有限公司（简称“兴业银行”）的国际法及中国法法律顾问，协助其成功设立50亿美元中期票据项目以及首次提取借款。兴业银行分两批发行总计10亿美元票据，包括：7亿美元2019年到期票据，票息率为2.00%；3亿美元2021年到期票据，票息率为2.375%。 兴业银行成立于1988年8月，是经中华人民共和国国务院、中国人民银行批准成立的大陆首批股份制商业银行之一，总部在福建省。 本项目由金杜香港合伙人周浩律师领导金杜国际团队完成，顾问殷康廸（Ian Hardee），资深律师鲁鸣、律师谭露及钟嘉伟提供支持。金杜中国法律团队的负责合伙人为上海办公室的刘东亚律师。
Securities Law Prof Blog
De Fontenay on Debt Financing
Elisabeth de Fontenay has posted Do the Securities Laws Matter? The Rise of the Leveraged Loan Market on SSRN with the following abstract:One of the enduring principles of federal securities regulation…
The Healthcare Investor
Healthcare & Life Sciences Private Equity Deal Tracker: Unilife Secures $60 Million in Financing
Unilife Corp. has announced it has secured $60 million in debt financing. Unilife, headquartered in York, Pa., is a developer and supplier of injectable drug delivery systems. The financing will…
Securities Law Prof Blog
IOSCO Launches Web Portal on Securities Markets
The International Organization of Securities Commissions has launched a web portal to provide statistics on various securities markets. The press release states:The objectives of the new portal are threefold. First, it…
Lending Law Report
Jumping Across the Pond: Syndicating European Borrower Debt in U.S. Markets (Part 2 of 3)
Particular Terms of European Borrower Debt in the U.S. Financial Markets This post was written by Lee Ann Dillon, Abbey Mansfield, Phil Slater and Ben Wulwik. As our prior post…
The Healthcare Investor
Healthcare & Life Sciences Private Equity Deal Tracker: SpinalMotion Completes $15 Million Debt Financing Round
SpinalMotion has completed the fourth and final round of a $15.1 million debt offering, according to a MassDevice report. SpinalMotion is a Mountain View, Calif.-based developer of spine artificial discs…
The Right Coast
Live on debt Tom Smith
Can it really make sense from a tax point of view just to accumulate debt against your stock rather than to, say, sell a bunch of stock, buy tax free…
Securities Law Prof Blog
Harner on Activist Distressed Debtholders
Activist Distressed Debtholders: The New Barbarians at the Gate?, by Michelle M. Harner, University of Maryland School of Law, wasrecently posted at SSRN. Here is the abstract:The term “corporate raiders”…
M & A Law Prof Blog
Fan and Yu on debt and the market for corporate control
By CorporateAcquisitions MergerLawBlogger
Qiu and Yu's The Market for Corporate Control and the Cost of Debt is appearing in the current Journal of Financial Economics. Here's the abstract:Abstract: How do bondholders view the existence…