Shearman And Sterling

News Jan 23, 2020

China ZhengTong Auto Services Holdings Limited’s $160 Million Senior Notes Offering

Shearman & Sterling represented J.P. Morgan Securities plc, Haitong International Securities Company Limited, CCB International Capital Limited and China CITIC Bank International Limited as the initial purchasers in connection with China ZhengTong Auto Services Holdings Limited’s offering of its $160 million aggregate principal amount of 12 percent senior notes due 2022.

China ZhengTong Auto Services Holdings Limited is a leading 4S dealership group in China. The company is principally engaged in the sales of passenger motor vehicles, including luxury and ultra-luxury branded automobiles, and after-sale services. 

The team below also included international specialist Yiming Chen (Shanghai-Capital Markets). 

The Team

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