Eversheds and Clifford Chance (CC) have taken lead roles on the RMB4.3bn (£427m) ‘dim sum’ bond issuance by property developer New World China Land Limited (NCWL).
April 19, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Eversheds and Clifford Chance (CC) have taken lead roles on the RMB4.3bn (£427m) ‘dim sum’ bond issuance by property developer New World China Land Limited (NCWL).
NCWL initially issued RMB2.8bn (£279m) worth of so-called dim sum bonds but re-opened the issuance due to high demand, selling a further RMB1.5bn at a premium, making it the largest-ever dim sum bond from a property developer.
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