13 May 2020

KWM New York office advised a Hong Kong-based private equity fund on its acquisition of $50 million convertible bonds issued by 21Vianet

In March 2020, King & Wood Mallesons New York Offices (“KWM”) advised a Hong Kong-based private equity fund in its acquisition of $50 million convertible bonds issued by 21 Vianet Group, Inc. (Nasdaq: VNET), a leading Internet data center services provider.  Established in 1996, 21Vianet Group is the largest carrier-neutral Internet and data center service provider in China. 21Vianet’s market value is $930 million. It issued $200 million worth of convertible bonds in total, which were purchased by KWM’s client and certain other investors.

KMW acted as the legal counsel to the client and provided a full range of legal services in relation to the transaction, including legal due diligence, advices on future exit considerations and U.S. securities law compliance issues, reviewing and negotiation of transaction documents, and closing and post-closing matters. This transaction was led by partner Ling Huang and supported by counsel Ning Liu and associates Matthew Dickerson, Hua Yao, Rachel Sun from KWM New York offices and associate Muting Xie from Beijing offices (cross-border M&A).”

Media contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    On 17 June, 2020, China Pacific Insurance (Group) Co., Ltd. ("CPIC") held a listing ceremony at the Shanghai Stock Exchange.

    10 July 2020

    On 22 June, Sinocelltech Group Limited (" Sinocelltech") made its initial public offering (“IPO”) on the SSE STAR Market (stock code: 688520).

    09 July 2020

    On 29 June 2020, Fujian Provincial Communication Transportation Group Co. LTD (FJCT)

    06 July 2020

    BYD Company Limited (BYD, stock code: 002594,01211.HK) announced on 26 May

    15 June 2020

    Legal services for your business

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.