Appleby advises China Resources Building Materials Technology Holdings Limited on the registration and issuance of medium-term notes

The Appleby team was led by Hong Kong Corporate Partner Judy Lee.

The Medium-term Notes will be issued in multiple tranches following the completion of necessary registration and issuance procedures, and the first tranche, namely the 2024 First Tranche Medium Term Notes, has been issued. The target subscribers for the 2024 First Tranche Medium Term Notes are institutional investors in the national inter-bank bond market of Mainland China.

China Resources is a Cayman Islands-incorporated Hong Kong listed company which is principally engaged in cement, clinker and concrete production in Southern China. The Group’s operations range from the excavation of limestone to the production, sale and distribution of cement, clinker and concrete. It is listed on the main board of The Stock Exchange of Hong Kong Limited.

Judy commented: “This transaction highlights our market leading expertise and highly experienced team in the Debt Capital Market practice in Asia. We are grateful to our clients for their unwavering trust and support of Appleby and our team will continue to deliver the best for our clients.”

Appleby’s Hong Kong Debt Capital Market practice is well known in the industry and forms a core sector of the capital markets practice in Hong Kong. The team continues to advise Cayman Islands, Bermuda and British Virgin Islands issuers in the Asia Pacific region to raise funds by way of various forms of debt and note instruments.