The Panda Bonds are proposed to be issued in multiple tranches in the aggregate principal amount of not more than RMB 3 billion, as and when appropriate, within a period of two years from 12 March 2025.
The Appleby team was led by Hong Kong Corporate Partner Judy Lee.
Xinyi Solar is a Cayman Islands exempted company listed on The Stock Exchange of Hong Kong Limited. Xinyi Solar and its subsidiaries (collectively the “Group”) are principally engaged in the production and sale of solar glass products, which are carried out internationally, through the production complexes located in the PRC and Malaysia. The Group is also engaged in the development and operation of solar farms in the PRC.
Judy commented: “This transaction serves to emphasize our pre-eminent expertise and the substantial experience of our team within the Debt Capital Market sector in Asia. We truly appreciate our clients for their trust and support of Appleby, and our team remains committed to providing the highest quality service 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.
