Haitong Unitrust MTN program update and CNY1 billion drawdown
The investment-grade notes are due 2027
Davis Polk advised Haitong Unitrust International Financial Leasing Co., Ltd. in connection with the update of the $1 billion medium-term note program of Haitong UT Brilliant Limited guaranteed by Haitong Unitrust International Financial Leasing Co., Ltd.
Davis Polk also advised Haitong Unitrust International Financial Leasing Co., Ltd. in connection with the drawdown of CNY1 billion 3.65% notes due 2027.
Haitong Unitrust International Financial Leasing Co., Ltd. is a large and steadily growing financial leasing company in China and was established in 2004 as a foreign-invested enterprise. The company is headquartered in Shanghai and operates six specialized business departments, namely public services department, advanced manufacturing business department, digital environmental protection business department, construction business department, healthcare business department and asset transaction department.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan and registered foreign lawyer Anlei Zuo. All members of the Davis Polk team are based in the Hong Kong office.