DFZQ $300 Million Floating-Rate Bonds Offering

"Davis Polk advised the joint lead managers on the issuance of $300 million floating-rate bonds due 2028 by Orient ZhiSheng Limited, an indirect wholly owned subsidiary of DFZQ, which are unconditionally and irrevocably guaranteed by DFZQ. DFZQ is a securities firm listed on the Hong Kong and Shanghai stock exchanges."

Davis Polk advised the joint lead managers in connection with the issuance by Orient ZhiSheng Limited, an indirect wholly owned subsidiary of DFZQ, of $300 million floating-rate bonds due 2028, which are unconditionally and irrevocably guaranteed by DFZQ. The transaction comprised an offering of $300 million in floating-rate bonds maturing in 2028 issued by Orient ZhiSheng Limited and guaranteed by its parent, DFZQ. DFZQ is engaged in securities and futures brokerage, margin financing and securities lending, securities investment advisory, securities proprietary trading, asset management, agency sale of financial products, securities underwriting and sponsorship, and other business activities. DFZQ is listed on both The Hong Kong Stock Exchange and the Shanghai Stock Exchange. Davis Polk, representing the joint lead managers, with a team composed by: partner James C. Lin, counsel Bingqing Pan and registered foreign lawyer Anlei Zuo. All members of the Davis Polk team are based in the firm's Hong Kong office.

DFZQ $300 Million Floating-Rate Bonds Offering

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads