Baker McKenzie has acted as the issuer's counsel to Universe Trek Limited (a wholly-owned subsidiary of Far East Horizon Limited), and also as the guarantor’s counsel to Far East Horizon Limited on the issuance of USD 200 million zero coupon guaranteed convertible bonds due 2025. The transaction was closed on 4 December.

Far East Horizon is a leading integrated financial service provider in China that is committed to providing customers with customized, one-stop financial solutions through financial leasing and other value-added services.

Huatai International was the sole global coordinator, sole bookrunner and sole lead manager for the transaction.

The Baker McKenzie team was led by Partner Hang Wang (Beijing) and Senior Counsel Bing Han of Baker McKenzie FenXun Joint Operation (Beijing), with support from Special Counsel Shanshan Xu (Shanghai), Local Principal Xavier Amadei of Baker McKenzie Wong & Leow (Singapore), and Associates Phoebe Wang and Xiaoyang Hu in Shanghai.

Commenting on the deal, Hang Wang said, "We are very pleased to be able to draw on our strong capabilities in debt capital markets and bring this deal to fruition for our client."

Explore Our Newsroom