Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 04-09-2014 | Practice Area: | Debt Capital Markets |
| Deal Title: | Semiconductor Manufacturing International Corporation Convertible Bonds | Industry: | Technology Hardware & Equipment |
| Description: |
Slaughter and May, Hong Kong, advised Semiconductor Manufacturing International Corporation (SMIC) in relation to its top-up placing of shares, which involved the placing of existing shares and top-up subscription of new shares by Datang Holdings (Hongkong) Investment Company Limited (Datang) for a total consideration of HKD1554 million (approximately USD200 million) (the Shares), and the related issue of USD95 million zero coupon convertible bonds due 2018 (the Bonds).
The joint placing agents were J.P. Morgan Securities (Asia Pacific) Limited and Deutsche Bank AG, Hong Kong Branch, and the joint managers for the issue of Bonds were J.P. Morgan Securities plc and Deutsche Bank AG Hong Kong Branch. The Bonds were listed on the Singapore Stock Exchange. The gross proceeds from the subscription of Shares and Bonds was approximately USD291.2 million.
Corporate and Commercial: Benita Yu (partner), John Moore (partner), Jing Chen (associate), William Ho (associate), Amanda Ho (associate).
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| Financial Center: | Hong Kong | Value: | 0.00-100.00 |
| Advised Party: | Issuer | Law Firm | Slaughter and May |
| Issuer Jurisdiction: | Hong Kong | Listing Jurisdiction: | Hong Kong |
| Classification: |
Equity-Linked Securities Convertible Bonds |
Lawyer | Benita Yu |
