Clifford Chance advises on Meituan’s US$2.5 billion bond issuance.
Global law firm Clifford Chance has advised the Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners of Meituan’s two-tranche US$2.5 billion bond issuance.
Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners: Goldman Sachs (Asia) L.L.C., Merrill Lynch (Asia Pacific) Limited, Morgan Stanley & Co. International plc, and The Hongkong and Shanghai Banking Corporation Limited.
Joint Lead Managers and Joint Bookrunners: UBS AG Hong Kong Branch, Barclays Bank PLC and CLSA Limited.
Meituan, one of China’s leading platforms in local commerce, expects to use the net proceeds for refinancing of existing offshore indebtedness and other general corporate purposes. The Rule 144A/ Regulation S issuance comprises US$1.2 billion 4.500% senior notes due 2028 and US$1.3 billion 4.625% senior notes due 2029.
Partners Angela Chan and Alan Yeung co-led…
