Honor of DHH|Shuifa Group's Solar Energy Debt Restructuring Project won the "Best Restructuring Transaction in Asia Pacific in 2020"
Shuifa Energy Group Co., Ltd. (Shuifa Energy Group), a subsidiary of Shuifa Group, subscribed for approximately 66.92% of the shares of China Singyes Solar Technologies Holdings Limited (00750.HK) at the price of HK$1.55 billion, including Arrangement plans of Hong Kong and outside Bermuda. The plan includes the issuance of convertible notes with an annual interest rate of 5% denominated in RMB by the Industrial Solar, and senior notes denominated in USD with an annual interest rate of 6.75% and 7.95% respectively. The debt restructuring plan is one of the prerequisites for equity subscription. As the Chinese legal adviser of Shuifa Energy Group , DHH participated in this project throughout the process.
The lead partners and lawyers of this project are Ding Xu, Zhou Shanliang and Liu Xuanyu. Other project members include Wang Xiaofang, Tao Xiufang, Qiao Lin, Yu Ruoxuan and Rong Yanru.
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——Lead Partners——
Ding Xu
Senior Partner
Business area:Companies, Capital Market and Securities, Investment and Finance, M&A, etc.
Email: dingxu@deheng.com
Zhou Shanliang
Co-partner
Business area:Domestic and Overseas IPO, M&A, Private Equity Investments, etc.
Email: zhoushanliang@deheng.com
Liu Xuanyu
Lawyer Assistant
Business area:Domestic and Overseas IPO, M&A, Private Equity Investments, etc.
Email: liuxuanyu@deheng.com