2 Sep 2015

Transaction Update

Stevenson, Wong & Co. acted for Orient ZhiHui Limited (Issuer) as the legal advisers as to Hong Kong laws for its USD 150 million private placement bonds

SW acted for Orient ZhiHui Limited (Issuer) as to Hong Kong laws for its USD 150 million private placement bonds with the benefit of a Keepwell Deed provided by Orient Securities Company Limited. The interest rate of the bond was 4.09% and the joint placing agents were Nomura International (Hong Kong) Limited and Orient Securities (Hong Kong) Limited. The joint subscribers were Bank of America Singapore Branch and Industrial Bank Co., Ltd.