1 February 2021
Baker McKenzie advised BOC International, Guotai Junan International, Bank of China, ICBC (Asia), Silk Road International, Orient Securities (Hong Kong) and CMBC Capital in relation to the issuance of USD 200 million 2.75% bonds due 2026 by AVIC International Finance & Investment Limited. The bonds are guaranteed by AVIC International Holding Corporation ("AVIC International").
BOC International, Guotai Junan International and Bank of China were the joint global coordinators, and BOC International, Guotai Junan International, Bank of China, ICBC (Asia), Silk Road International, Orient Securities (Hong Kong) and CMBC Capital were the joint lead managers and joint bookrunners for the transaction.
The Baker McKenzie team was led by Partner Hang Wang (Beijing) and Senior Counsel Bing Han of Baker McKenzie FenXun Joint Operation (Beijing), with support from Local Principal Xavier Amadei of Baker McKenzie Wong & Leow (Singapore), Associate Brian Ge (Beijing) and International Associate Yanxin Yang (Beijing).
This deal follows AVIC International's USD 300 million bonds issuance, in which the Firm likewise represented the managers.
Commenting on the deal, Hang Wang said, "We are very pleased to have assisted the banks in relation to another debt capital transaction of AVIC International. We look forward to continue supporting our clients with their capital markets transactions."
For further information, please contact:
Jamie Kar, Senior Communication Manager, Baker & McKenzie
