4 June, 2019
Skadden represented Uxin Limited, the largest used car e-commerce platform in China, in its issuance and sale of convertible notes in an aggregate principal amount of US$ 230 million, through a private placement.
The investors include 58.com, Warburg Pincus and TPG. The transaction was announced on 29 May 2019.
The Skadden team was led by partner Julie Gao (Hong Kong), with counsel Shu Du (Hong Kong), and associates Yiming Liu (Shanghai), Cindy Zhiran Li and Sophie Zhao (both Hong Kong).
