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Deal Date: 23-12-2020 Practice Area: Equity Capital Markets
Deal Title: Xinyi Solar Holdings Placing of New Shares Industry: Alternative Energy
Description:
Slaughter and May, Hong Kong, advised Citigroup Global Markets Limited, as the placing agent, in relation to the placing of 300,000,000 new shares in Xinyi Solar Holdings Limited (Xinyi Solar). The gross proceeds from the placing were approximately HKD3.9 billion. Xinyi Solar intended to use the net proceeds from the placing for capital expenditure of solar glass production capacity expansion, solar farm projects, and as general working capital. The placing was completed on 28 December 2020.
Financial Center: Hong Kong Value: 0.00-100.00
Advised Party: Lead Manager Law Firm
Issuer Jurisdiction - China Listing Jurisdiction - Hong Kong
Classification: Secondary Offerings and Placings Hong Kong Stock Exchange:
Lawyer John Moore