ニュース May 24, 2021

eHi Car Services Limited’s Tender Offer and Concurrent $300 Million Bond Offering

Shearman & Sterling represented Deutsche Bank and J.P. Morgan as the dealer managers in connection with the offer to purchase for cash by eHi Car Services Limited for its outstanding 5.875% senior notes due 2022.

The firm also represented Deutsche Bank and J.P. Morgan as the initial purchasers in connection with eHi Car Services Limited’s concurrent offering of $300 million 7.75% senior notes due 2024.

Headquartered in Shanghai, eHi Car Services Limited is a leading car rental and car services provider in China.  

The team below also included special associate Cathy Qian (Shanghai-Capital Markets).

The Team