w88win优德中文版 Assists Shangri-La (Asia) Successfully Issue Panda Bonds
2024.06.09
On 5 June 2024, Shangri-La (Asia) Limited ("Shangri-La") successfully issued RMB 1 billion Panda bonds on the China Interbank Bond Market, with a maturity of three years and a coupon rate of 2.5%. These were the first Panda bonds issued by a Hong Kong-Singapore listed hotel group, with the lowest coupon rate among offshore non-state owned enterprises.
Shangri-La is a leader in the Asian hospitality industry. Leveraging its well-established global network, rich business experience and professionalism, the Shangri-La brand has become the signature of luxury hotels and quality services in Asia. It is listed on the Main Board of The Hong Kong Stock Exchange as a primary listing (stock code: 0069.HK) and on the Singapore Exchange Limited as a secondary listing (stock code: S07). The Hong Kong-based Shangri-La Group ranks sixth in the world and first in Asia in terms of brand value according to the Top 50 Global Hotel Brands list published by Brand Finance, a UK brand valuation consultancy. Building on its strong roots in Asia, Shangri-La has diversified its portfolio globally and is committed to creating sustainable value for its customers and investors.
w88win优德中文版 acted as the issuer's domestic legal advisor in this project. It was responsible for assisting in internal decision-making and approvals, external communications with the regulators, conducting legal due diligence, issuing legal opinions, and reviewing the offering documents, including the prospectus. w88win优德中文版 gained the recognition and trust of the Company and the other intermediaries by its consistently rigorous and efficient style of work as well as its meticulous and dedicated service attitude.
The lead partners in this project were Mr. YU, Yongqiang (YY)and Ms.LEI, Tianxiao, and the core partner was Ms. YE, Junli.
