Angie Fan

Recent experience includes represented:

Debt Capital Markets

High-Yield Debt

• China Evergrande Group in connection with its offering of 1) US$2 billion 11.5% senior notes due 2022, 2) US$2 billion 12% senior notes due 2022 through its subsidiary Scenery Journey Limited, as the issuer, with the benefit of keepwell deed provided by the Hengda Real Estate Group Co., Ltd. The bonds are issued pursuant to Regulation S.  
• China Evergrande Group in connection with its offering of 1) US$1 billion 11.5% senior notes due 2023 and 2) US$1 billion 12% senior notes due 2024,  including “high-yield” covenants and pursuant to Regulation S.  

Investment Grade Debt and Unrated Debt Securities

• Shimao Group Holdings Limited, in its offering of US$700 million 4.5% senior notes due 2022, pursuant to Regulation S.     
• Tingyi (Cayman Islands) Holding Corp., in its offering of US$500 million 1.625% bonds due 2025, pursuant to Regulation S.

Convertible Debt, Perpetual Bonds and Other Equity-linked Securities

• Country Garden Services Holdings in its offering of HK$3.875 billion convertible bonds through its wholly-owned subsidiary, Best Path Global Limited, pursuant to Regulation S.

Liability Management

• Fosun International Limited in connection with its offer to purchase for cash of 1) 5.375% senior notes due 2020, 6.875% senior notes due 2021 and 5.25% senior notes due 2022 issued by its subsidiary Fortune Star (BVI) Limited and 5.5% senior notes due 2023 issued by its subsidiary Wealth Driven Limited; and 2) its concurrent new offering of US$600 million 6.85% senior notes due 2024 through its subsidiary Fortune Star (BVI) Limited as issuer, pursuant to Regulation S. The notes offering is awarded as “Best High Yield Bond” in China (offshore) by The Asset Triple A Country Awards in 2020.   

Equity Capital Markets

• Evergrande Property Services Group Limited (HKEX: 6666)  in connection with the HK$14.3 billion (US$1.9 billion) initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited. Evergrande Services is a spinoff from Evergrande Group (HKEX: 3333). It is one of the largest and fastest-growing comprehensive property management service providers in China.
• Datang Group Holdings Limited (HKEX:2117) in connection with its HK$1.48 billion (US$191.5 million) initial public offering on the Main Board of the Stock Exchange of Hong Kong. Datang Group is a property developer in China focused on the development of residential and commercial properties in selected economic regions.
• Shimao Services Holdings Limited (HKEX: 873) in its HK$9.76 billion (US$1.26 billion) initial public offering  on the Main Board of The Stock Exchange of Hong Kong Limited with a concurrent global offering pursuant to Rule 144A and Regulation S. Shimao Services is a leading comprehensive property management and community living service provider in China.