The Appleby team was led by Asia Group Head, Partner Judy Lee and assisted by Legal Manager Minnie Choi.
China Everbright Water is a Bermuda-incorporated environmental protection company focusing on water environment management, that is dual listed on the Mainboard of Singapore Exchange Securities Trading Limited and the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), with its controlling shareholder being China Everbright Environment Group Limited.
The targeted subscribers for the Medium-term Notes shall be institutional investors in the national inter-bank bond market of Mainland China. It is proposed that the Medium-term Notes will be issued in multiple tranches following the completion of necessary registration and issuance procedures.
The team advised China Everbright Water on its listing on the Hong Kong Stock Exchange in 2019. Since then, we have been advising on a number of its significant issuances and registrations in the National Association of Financial Market Institutional Investors of Medium-term Notes.
Judy commented that “This transaction once again highlights our leading position in the debt capital market in Asia with clients continuing to instruct Appleby due to our deeply experienced team and market leading expertise.”
Our Debt Capital Market practice is well known in the industry and forms a growing core sector of our capital markets practice in Hong Kong. Our team continues to advise Cayman Islands, Bermuda and British Virgin Islands issuers in the Asia Pacific region to raise funds by way of various forms of debt and note instruments.