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 ("Far East Horizon") on the issuance of USD 200 million zero coupon guaranteed convertible bonds due 2026. The transaction closes today.

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 Financial Holdings (Hong Kong) Limited is the Sole Global Coordinator, Sole Bookrunner and Sole Lead Manager for the transaction. 

The Baker McKenzie team was led by Partner Hang Wang of Baker McKenzie (Beijing) and Senior Counsel Bing Han of FenXun Partners (Beijing), with support from Special Counsel Shanshan Xu and Associate Phoebe Wang, and Josie Zheng in Shanghai

Commenting on the deal, Hang Wang said, "We are very pleased to have the opportunity to assist our long-standing clients in another important transaction, after having assisted them to successfully close two convertible bond offerings in the last 12 months. We look forward to continuing to support their future legal needs and business growth." 
Explore Our Newsroom