Clifford Chance

Clifford Chance advises Haitong International on US$700 million bond issuance

Leading international law firm Clifford Chance has advised Haitong International Finance 2015 Limited, an offshore arm of Haitong International Securities, on the issue of US$700 million 4.2% guaranteed bonds due 2020 unconditionally and irrevocably guaranteed by Haitong International Securities Group Limited. Deutsche Bank, Haitong International, HSBC and Huatai Financial were the joint lead managers.

Partner Jean Thio led on the deal and said, "We were pleased to advise Haitong International on this issuance and assist them with their fund-raising activities."

Jean was supported by Hong Kong partner Connie Heng, Hong Kong consultant Angela Chan, Shanghai senior associate Samia Qian and Shanghai associate Lorna Lu.

Haitong International is listed in Hong Kong and is a subsidiary of Haitong Securities. Haitong Securities is mainland China’s second-largest securities firm and is listed in both Hong Kong and Shanghai.