Dominic Sze

 Dominic’s examples of capital markets transactions include advising on:

DEBT TRANSACTIONS

• Fantasia Holdings Group Co., Limited in connection with its additional offering of RMB1 billion 9.5% Senior Notes due 2019, including “high-yield” covenants and pursuant to Regulation S.
• China Evergrande Group (formerly known as Evergrande Real Estate Group Limited) in its offering of US$400 million 7.8% and US$300 million 8% Senior Notes due 2019, including “high-yield” covenants, pursuant to Regulation S.
• Country Garden Holdings Company Limited in its offering of US$900 million 7.5% Senior Notes due 2020, including “high-yield” covenants, pursuant to Regulation S.
• Agile Property Holdings Limited in its offering of US$500 million 9% Senior Notes due 2020, including “high-yield” covenants, pursuant to Regulation S.
• China SCE Property Holdings Limited in its offering of US$350 million 10% Senior Notes due 2020, including “high-yield” covenants, pursuant to Regulation S.
• Central China Real Estate Limited in its offering of US$300 million 8.75% Senior Notes due 2021, including “high-yield” covenants and pursuant to Regulation S.
• Morgan Stanley and SC Lowy as joint bookrunners and the joint lead managers, in connection with Hydoo International Holding Limited’s offering of US$100 million 13.75% Senior Notes due 2018, including “high-yield” covenants, pursuant to Regulation S.
• Country Garden Holdings Company Limited in connection with its offering of US$550 million 7.875% Senior Notes due 2019 pursuant to Regulation S and Rule 144A, and the private placement of US$250 million 7.5% Senior Notes due 2019 pursuant to Regulation S only, both including “high-yield” covenants.
• Central China Real Estate Limited in its offering of S$200 million 6.5% Senior Notes due 2017, including “high-yield” covenants and pursuant to Regulation S. Central China Real Estate is a leading property developer in China.
• Agile Property Holdings Limited in its offering of RMB 2 billion 6.5% Senior Notes due 2017, including “high-yield” covenants, pursuant to Regulation S. Agile is a Hong Kong-listed company, based in the P.R.C., focusing on property development and management.
• Agile Property Holdings Limited in its offering of US$500 million 8.375% Senior Notes due 2019, including “high-yield” covenants, pursuant to Regulation S.
• KWG Property Holding Limited in its offering of US$600 million 8.975% Senior Notes due 2019, including “high-yield” covenants and pursuant to Regulation S. KWG Property Holding Limited is a leading property developer in China.
• Kaisa Group Holdings Ltd. in its offering of additional US$250 million 8.875% Senior Notes due 2018, pursuant to Regulation S and to be consolidated and form a single series with the US$550 million 8.875% Senior Notes due 2018 issued in 2013, pursuant to Regulation S and Rule 144A. Kaisa Group Holdings is a leading property developer in China.
• Country Garden Holdings Company Limited, one of China’s leading property developers, in its offering of US$750 million 7.5% senior notes due 2023, including “high-yield” covenants and pursuant to Regulation S and Rule 144A. This transaction was named “Best High-Yield Bond” by FinanceAsia and IFR Asia in 2013.
• Kaisa Group Holdings Ltd. in its offering of US$500 million 10.25% Senior Notes due 2020, including “high-yield” covenants and pursuant to Regulation S and Rule 144A. Kaisa Group Holdings is one of the leading property developers in China.
• China Oil And Gas Group Limited in its offering of US$350 million 5.25% Senior Notes due 2018, including “high-yield” covenants and pursuant to Regulation S and Rule 144A. China Oil And Gas is a Chinese based company focusing on natural gas and energy related business.
• Anton Oilfield Services Group in its offering of US$250 million 7.5% Senior Notes due 2018, including “high-yield” covenants, pursuant to Rule 144A and Regulation S. Anton Oilfield is a leading provider of onshore oilfield services in China.
• Fantasia Holdings Group Co., Limited, in connection with its offering of US$250 million 13.75% Senior Notes due 2017, including “high-yield” covenants and pursuant to Regulation S. Fantasia Holdings Group Co., Limited is a leading property developer and property-related service provider in China.
• Nine Dragons Paper (Holdings) Limited in connection with its offering of US$300 million 7.875% Senior Notes due 2013, pursuant to Regulation S and Rule 144A. This transaction marked the first debt capital markets transaction from a new issuer in Asia in 2008.
• China National Offshore Oil Corporation (CNOOC) in its offering of US$1.3 billion 4.5% Senior Notes due 2023, pursuant to Rule 144A/Regulation S, and €500 million 2.75% Senior Notes due 2020, pursuant to Regulation S. This transaction was named as “Debt Deal of the Year” by China Business Law Journal and “Best Investment-Grade Bond of the Year” by IFR Asia in 2013.
• Agile Property Holdings Limited in its offering of US$700 million Subordinated Perpetual Capital Securities and connected transaction.
• The Bank of East Asia (China) Limited, a wholly owned subsidiary of The Bank of East Asia Limited, on its debut issuance of RMB-denominated bonds in the aggregate principal amount of RMB 4.0 billion, designated as 2.8% Bonds due 2011. The offering consisted of a retail public offering and institutional offering pursuant to Regulation S. This transaction was named as a “Deal of the Year” by Asian-MENA Counsel in 2009.
• Zall Development Group Limited in its offering of US$100 million 5.5% Convertible Bonds due 2018 with the option to subscribe for up to US$50 million Option Bonds.
• Kaisa Group Holdings Ltd., in connection with its offering of RMB-denominated, USD-settled, RMB 1.5 billion convertible bonds due 2015.
• Agile Property Holdings Limited in connection with its offering of US$500 million 4% convertible bonds due 2016.
• Country Garden, one of China’s leading property developers, in its issue of US$600 million convertible bonds pursuant to Regulation S, with a concurrent synthetic share buy-back through a cash-settled swap transaction. The bonds are listed on the Singapore Exchange Securities Trading Limited. This transaction was named in 2008 as a “Deal of the Year” by CFO Asia, “Equity-Linked Deal of the Year” by IFR (International Financing Review) Asia, “Most Innovative Deal” by The Asset and in 2009 as “Debt and Equity-Linked Deal of the Year” by IFLR (International Financial Law Review).
• China Evergrande Group (formerly known as Evergrande Real Estate Group Limited) in a major consent solicitation from holders of its previously issued 13% Senior Notes due 2015 (issued under Rule 144A/Reg S) and Renminbi-denominated and US$-Settled 9.25% Senior Notes due 2016 to amend their covenants to align with those of its 8.75% Senior Notes due 2018 issued in late 2013.
• Kaisa Group Holdings, one of the leading property developers in the Pearl River Delta region in China, in its consent solicitation to amend terms of the Indenture governing its 13.50% Senior Notes due 2015 and issuance of an additional aggregate amount of US$300 million under the Indenture.
• Agile Property Holdings Limited in connection with a consent solicitation with respect to its US$300 million 10% Senior Notes due 2016. This consent solicitation was to reconcile the covenants to the US$650 million high-yield offering issued in 2009.

EQUITY TRANSACTION

• Yadea Group Holdings Ltd. in connection with its initial public offering listed on the Stock Exchange of Hong Kong Main Board. Proceeds: US$165 million. Yadea is a motorcycle manufacturer in China.
• Yida China Holdings Limited in connection with its initial public offering listed on the Stock Exchange of Hong Kong Main Board with concurrent global placement pursuant to 144A/Regulation S, proceeds: US$183 million. Yida China is one of the leading property developers focusing on the development of business parks in China.
• China First Chemical Holdings Ltd in connection with its initial public offering listed on The Stock Exchange of Hong Kong Main Board with concurrent global placement pursuant to Regulation S and Rule 144A. China First Chemical is a leading chemical provider specializing in bleaching and disinfectant chemicals in China. Proceeds: US$69.2 million.