MCC Holding (Hong Kong) Corporation - First US$-denominated bond issue

  • 22 Sept 2011
 

Slaughter and May, Hong Kong, advised MCC Holding (Hong Kong) Corporation Limited on its first US$-denominated bond issue and listing on the Singapore Exchange (SGX-ST). The US$500 million, 5-year bond is issued by MCC Holding (Hong Kong) Corporation Limited and is fully guaranteed by China Metallurgical Group Corporation (MCC Group). The bond carries an annual coupon of  4.875%, payable semi-annually with a maturity date of 29 July 2016. The joint lead managers and joint bookrunners in respect of the bond issue are Morgan Stanley, HSBC, Barclays Capital and Goldman Sachs (Asia) L.L.C.

MCC Holding (Hong Kong) Corporation Limited is a subsidiary of Metallurgical Corporation of China Ltd. (MCC), which is listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange. MCC Group is the parent of MCC and is one of the largest engineering and construction companies in the world and a Fortune Global 500 company.

 
 

Contacts

 

Benita Yu (partner), Diana McNamara (associate), Frank Bi (associate), Wendy Tong (associate)

 
List of all recent work 
 

Related practice areas

 
 

Related industry sectors

 
 

Related regions and countries