China Shenhua as BVI counsel on its debut US$1.5 billion international bond issue

Ogier acted as BVI counsel to one of China’s leading State owned enterprises on its debut international bond issue. BVI incorporated China Shenhua Overseas Capital Company Limited, an indirectly wholly owned subsidiary of Hong Kong listed China Shenhua Energy Company Limited, issued a US$1.5 billion unsecured bond in three tranches with three, five and ten year maturities. China Shenhua is currently the largest listed coal miner in the world. The Bonds are listed on The Stock Exchange of Hong Kong Limited.