Global law firm White & Case LLP has advised Greentown China Holdings Ltd, a luxury residential property developer in China, on its high yield offering of US$300 million 8 percent Senior Notes due 2019.
Together with this latest offering, White & Case has represented Greentown in high yield offerings and bank financings in 2013 which secured approximately US$2 billion in aggregate of long-term funding for Greentown.
"Greentown's success in accessing the high yield markets reflects the growing ability of issuers to successfully integrate high yield into their long term financing strategies," said White & Case partner Anna-Marie Slot.
White & Case local partner David Li said: "Greentown's strong balance sheet and great equity story have significantly enhanced its ability to tap offshore debt capital and bank financing markets in 2013. We are very pleased to have assisted Greentown in all of these financings."
The White & Case team was led by Hong Kong-based partner Anna-Marie Slot and Beijing-based local partner David Li.
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