Davis Polk advised Goldman Sachs International, Merrill Lynch Far East Limited and BNP Paribas Securities (Asia) Limited as joint bookrunners and lead managers in connection with a Regulation S offering of $220 million zero coupon convertible bonds due 2018 by Asia Cement Corporation.
Asia Cement Corporation is a manufacturer and seller of cement, clinker, cement-related products and ready-mixed concrete. Asia Cement Corporation is the second-largest cement producer in Taiwan with total annual cement production of approximately 5.0 million MT in 2012.
The Davis Polk corporate team included partner James C. Lin and associates Harold Tin, Paul C. Marks and Lulu Lin. Associate Sarah Joy provided tax advice. Jessica Ling Zhang was the legal assistant for the transaction. Members of the Davis Polk team are based in the Beijing, Hong Kong and London offices.
