Paul Hastings has advised Hong Kong-listed Chinese property company, Franshion Properties, on its U.S. issuance of 4.7 percent notes due 2017.

The proceeds are expected to be used to help refinance Franshion Properties’ outstanding debt, working capital, and other general corporate work.

Partners Vivian Lam and David Grimm led the Paul Hastings team, while Maples and Calder’s acted as BVI counsel to the issuer, led by partner Jenny Nip. Latham & Watkins and Tian Yuan Law Firm acted as U.S. and Chinese counsel, respectively, to the initial purchasers.

The Royal Bank of Scotland, Deutsche Bank, Standard Chartered bank and J.P. Morgan Securities were the joint lead managers on the deal.

Kanishk Verghese is North Asia journalist at ALB. Follow us on Twitter: @ALB_Magazine.

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