Leading international law firm Clifford Chance has advised Haitong International Finance Holdings Limited, an indirect wholly-owned subsidiary of Haitong Securities Co., Ltd. (Haitong Securities), on its issue of US$900 million 3.95% Reg S credit-enhanced bonds due 2018. This is the first time that Haitong Securities has tapped the international US dollar market and is the second-largest credit-enhanced offering to date. The notes included credit enhancement from Bank of China Singapore in addition to a keepwell deed from Haitong Securities.

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Herbert Smith Freehills advised Goldman Sachs (Asia) LLC as the placing agent on a US$294 million private placement of new H-shares in Chinese railway power equipment maker Zhuzhou CSR Times Electric Company Limited.

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Herbert Smith Freehills has advised Agricultural Bank of China Limited Hong Kong Branch, Bank of China (Hong Kong) Limited, CCB International Capital Limited, China International Capital Corporation Hong Kong Securities Limited, Credit Suisse Securities (Europe) Limited and J.P. Morgan Securities Plc as joint lead managers on the Regulation S international offering of US$400 million 6.00% senior notes due 2023 by China Taiping New Horizon Limited.

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Mayer Brown JSM today announced that Gabriela Kennedy has joined the firm and will lead the IP & TMT group in Asia. She will be based in Hong Kong.

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Hogan Lovells has advised the general partner of Trophy Property Development L.P. (the “Fund” or “Trophy Property“) on a restructuring of the Fund’s underlying real estate assets in China, and its internal management (the “Restructuring“).

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Morrison & Foerster today announced that it is representing Ascendent Capital Partners, a China-focused private equity firm, in the proposed acquisition by Wumart Stores, Inc. of a minority interest in C.P. Lotus Corporation, the retail flagship company in China for the Charoen Pokphand Group, for approximately HK$548 million, the proposed acquisition by C.P. Lotus of a minority interest in Wumart for approximately of HK$2.9 billion, and the proposed acquisition by Wumart of C.P. Lotus’s operations in certain provinces in China, including Beijing and Shanghai, for approximately HK$2.34 billion announced yesterday.

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Baker & McKenzie advised Fortune Real Estate Investment Trust (“Fortune REIT”) on its term loans in an aggregated amount of approximately HK$5 billion in October 2013. The new term loans were used for financing the acquisition of Kingswood Ginza Property, which comprises the entire shopping mall commonly known as “Kingswood Ginza” as well as certain other retail, kindergarten, parking and ancillary areas within the Kingswood Development which is located in Tin Shui Wai, Yuen Long, New Territories. The acquisition was completed on 9 October 2013.

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Ropes & Gray represented the Blackstone-led buyer group consortium in the going-private transaction of China-based Pactera Technology International Ltd. (Pactera), which signed on October 17, 2013.

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Paul Hastings, a leading global law firm, announced today that it represented Vista Land & Lifescapes, Inc. (“Vista Land”), the largest homebuilder in the Philippines, on its issuance of US$100 million 6.75% guaranteed notes due 2018 (the “Notes”).

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Baker & McKenzie advised the joint sponsors – BOCI Asia Limited (“BOCI”) and J.P. Morgan Securities (Far East) Limited – and the joint global coordinators – BOCI and J.P. Morgan Securities (Asia Pacific) Limited, as Hong Kong and US law counsel, on the HK$2,016 million global offering of Nexteer Automotive Group Limited (“Nexteer”), a global leading automotive steering and driveline systems supplier. The shares commenced trading on The Stock Exchange of Hong Kong Limited on 7 October 2013.

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