Shearman And Sterling

News August 14, 2019

Shandong Chenming Paper Holdings Ltd.’s $163 Million Bond Offering

Shearman & Sterling represented Zhongtai International Securities Limited, AMTD Global Markets Limited, Admiralty Harbour Capital Limited and ABCI Capital Limited as initial purchasers in connection with Meilun (BVI) Limited’s offering of $163 million 9% senior notes due 2022, unconditionally and irrevocably guaranteed by Shandong Chenming Paper Holdings Ltd.

Shandong Chenming Paper Holdings Ltd. is the largest papermaking enterprise in China principally engaged in paper making and finance lease businesses. The company manufactures and sells a range of paper products, including duplex press paper, copperplate paper, white paper boards, electrostatic paper, anti-sticking base paper, newsprint, tissue paper, lightweight coated paper, writing paper and other machine-made paper. The company is also involved in the provision of electricity and steam, construction materials and chemicals for paper making, as well as the operation of hotels.

The team below was supported by international specialist Yiming Chen (Shanghai-Capital Markets).

The Team


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