Übersicht

Cindy Kao is a partner of Mayer Brown in the Corporate and Securities team based in Hong Kong. She specialises in international securities offerings, initial public offerings and private equity investments (both debt and equity). Cindy advises underwriters and issuers with respect to securities offerings in major securities markets. Her clients include leading international investment banks and companies throughout Asia, including the PRC, Taiwan, Singapore and India.

She speaks English, Mandarin and Cantonese.

Sprachkenntnisse

  • Englisch
  • Mandarin
  • Kantonesisch

Erfahrung

Debt Capital Market

  • Establishment of US$2 billion Guaranteed Medium Term Note Programme of GE (MTN) Limited Guaranteed by Great Eagle Holdings Limited and proposed drawdown.
  • Advised Beijing Enterprises Holdings Limited as Guarantor on the issuance of US$300 million, 2% bonds with a five-year tenor and US$400 million, 3.125% bonds with a ten-year tenor by its subsidiary Talent Yield International.
  • Advised Ganzhou Construction Control Investment Holding Group Co. Ltd. as Guarantor on the issuance of US$270 million 3.40% three-year letter of credit-enhanced bonds by its subsidiary Ganzhou Hengzhi Co. The bank that issued the letter of credit was Ganzhou Branch of Jiangxi Bank.
  • Advised Zhejiang Xinchang County Investment Development Group Co., Ltd. on the issuance of US$300 million 3.90% bonds due 2024 and US$200 million 3.60% bonds due 2024, respectively.
  • Advised Shangrao Investment Holdings International Company as Guarantor on the issuance of US$500 million 4.30% fixed interest bond due 2023 by its subsidiary.
  • Advised Kunming Industrial Development & Investment Co., Ltd. and its wholly owned subsidiary Hong Kong JY Flower Limited on the issuance of US$150 million, 5.5% guaranteed bonds with a three-year tenor and US$300 million, 6.1% guaranteed bonds with a three-year tenor.
  • Advised Beijing Enterprises Holdings Limited as Guarantor and Talent Yield (Euro) as Issuer on the issuance of EUR500 million 1% five-year green bonds.
  • Advised AMTD Asset Management Ltd, Emperor Securities, GTJA and a leading global bank on the exchange offer for the 4.0% bonds due 2021, and the issuance of US$250 million 4.5% three-year notes as concurrent new money issue by MTN drawdown.
  • Advised China State Construction International Holdings Limited on the issuance of US$500 million 4.0% senior guaranteed perpetual capital securities issued by China State Construction Finance (Cayman) III Limited and irrevocably and unconditionally guaranteed by China State Construction International Holdings Limited. These securities were listed on MOX (ChongWa (Macao) Financial Asset Exchange Co., Ltd.).
  • Advised China Overseas Land & Investment Ltd. on the establishment of its MTN Programme and the issuance of US$500 million, 2.75% 10-year Guaranteed Notes, US200 million, 3.125% Guaranteed Notes with a 15-year tenor and US$300 million, 2.375% Guaranteed Notes with a five-year tenor.
  • Advised a subsidiary of Beijing Properties on the issuance of US$600 million 5.95% three-year Guaranteed Bonds guaranteed by Beijing Properties, benefit from keepwell and EIPU Beijing Enterprise Group. We also advised on the US$150 million tap issuance.
  • Advised Shangrao Investment Holdings International Company on the issuance of US$500 million 4.30% guaranteed bond with a three-year tenor. 
  • Advised a number of Chinese financial institutions on the issuance of US dollar one-year notes by the affiliated entity of a leading alternative asset management company in China, with diversified business lines in real estate investment, PE and overseas investment etc., the total value of the transaction is several hundreds of millions of US dollars.
  • Advised the sole global coordinator on the issuance of US$200 million 6.4% letter of credit-enhanced bonds with a three-year tenor by a PRC state-owned enterprise.
  • Advised the sole global coordinator on the issuance of US$280 million 4.6% guaranteed and letter of credit-enhanced notes with a one-year tenor by a PRC private enterprise.
  • Advised China State Construction International Holdings Limited on the issuance of US$500 million 6.0% senior guaranteed perpetual capital securities issued by China State Construction Finance (Cayman) I Limited and irrevocably and unconditionally guaranteed by China State Construction International Holdings Limited.
  • Advised Anhui Provincial Investment Group Holding Co., Ltd. on its offering of US$400 million, 4.875% bonds with a three-year tenor.
  • Advised a wholly-owned subsidiary of Beijing Properties (Holdings) Limited, on its offering of US$250 million 9.0% Guaranteed Bonds due 2020.
  • Advised China Overseas Land & Investment Limited on its US$1.5 billion guaranteed notes issuance. The notes comprise two tranches with coupon rates of 4.25% and 4.75% and due 2023 and 2028, respectively.
  • Advised SOCAM Development Limited on its consent solicitation in relation to the US$200 million 6.25% bonds due 2020.
  • Advised Risecomm Group Holdings Limited on the issuance of HK$100 million convertible bonds due 2020.
  • Advised Beijing Enterprises Water Capital Management Holdings Limited, a subsidiary of Beijing Enterprises Water Group Limited, on its issuance of US$500 million, 4.95% guaranteed notes with a five-year tenor. 
  • Advised SPDB International, Guotai Junan International and BOC International as joint lead managers on the issuance of US$300 million, 4.25% Guaranteed Bonds with a three-year tenor by a wholly-owned subsidiary of Hefei Industry Investment Holding (Group) Co., Ltd.
  • Advised China International Capital Corporation, Société Générale Corporate & Investment Banking, China Minsheng Banking Corp., Ltd., Hong Kong Branch, SPD Bank Singapore and ICBC (Asia) as joint lead managers on Chengdu Xingcheng Investment Group Co., Ltd.’s dual-tranche issuance of €365 million 2.50% bonds with a three-year tenor and €135 million 2.95% bonds with a five-year tenor.
  • Advised Shangrao Investment Holding Group Co Ltd on the issuance of US$200 million 5.70% guaranteed bonds with a three-year tenor.
  • Advised the sole global coordinator on the issuance of US$300 million 3.80% Guaranteed and Letter of Credit-Enhanced Notes with a one-year tenor by a PRC private company.
  • Advised Shanghai Pudong Development Bank Co Ltd on the issuance of US$300 million 4.25% guaranteed bonds with a three-year tenor by Xinxing Industry Investment Company Limited guaranteed by Hefei Industry Investment Holding (Group) Co., Ltd.
  • Advised Qinghai General Aviation Group Co., Ltd on the issuance of US$300 million, 6.00% guaranteed bonds with a one-year tenor guaranteed by Qinghai Provincial Investment Group Company Limited.
  • Advised Qinghai Provincial Investment Group Company Limited on the issuance of US$300 million, 6.30% with a three-year tenor bonds.

Equity Capital Markets

  • Advised Credit Suisse (Hong Kong) Limited as sole sponsor on the listing of SIIC Environment Holdings Ltd by way of introduction.
  • Advised Haitong International Capital Limited on the Hong Kong IPO of Henan Jinma Energy Company Limited.
  • Advised BOCI Asia Limited and China International Capital Corporation Hong Kong Securities Ltd. as joint sponsors and bookrunner on the listing of Flat Glass Group Co., Ltd.
  • Advised CICC, CLSA, Jefferies, Haitong International and VMS Securities as joint bookrunners on a HK$1.312 billion global offering and listing of the H Shares of Shanghai La Chapelle Fashion Co., Ltd., a fast growing multi-brand fashion group in the PRC that designs, markets and sells apparel products with a focus on mass-market ladies' casual wear, on the main board of the Hong Kong Stock Exchange.
  • Advised Regis Healthcare as issuer on its AU$485 million IPO on the Australian Securities Exchange and Rule 144A/Regulation S global offering. Macquarie Capital was the global co-ordinator and bookrunner.
  • Advised China Metal Resources Utilization on its HK$698.8 million listing on the main board of the Hong Kong Stock Exchange and Regulation S global offering. BNP Paribas Securities is the sole sponsor and global coordinator.
  • Advised Citigroup Global Markets Asia and BNP Paribas as the joint placing agents on the HK$2.23 billion (approximately US$287.5 million) top-up placing of China State Construction International.
  • Advised UBS, BOCI, Daiwa, ICBC and RBS as joint bookrunners on the US$200 million initial public offering of China Outfitters, a menswear manufacturer and retailer in China.
  • Advised Laidun International, a PRC-based plastic pallet manufacturer, on its pre-IPO investment by private equity fund JRE Asia Capital Investments.
  • Advised UBS, Macquarie and J.P. Morgan as joint bookrunners on the US$800 million initial public offering of H shares of BBMG Corporation, a PRC state-owned enterprise with operations in cement, building materials, property development and property management sectors.
  • Advised UBS and BOCI as joint bookrunners on the initial public offering of Silver Base Group, a distributor for Wuliangye Liquor and other products.
  • Advised private equity funds including International Finance Corporation and SBCVC Venture Capital on pre-IPO investment in EDC China.
  • Advised BNP Paribas as underwriter on the initial public offering of VMEP a motorcycle manufacturer based in Vietnam.
  • Advised private equity fund manager Martin Currie on various pre-IPO and post-IPO investments in Asia.
  • Advised Polaris Securities as underwriter on a global depositary shares offering by Sunrex Technology Corp, a Taiwan keypad manufacturing company.
  • Advised DBS as placing agent on various pre-IPO investments in PRC companies. Investors include international institutions such as Deutsche Bank and Merrill Lynch.

M&A

  • Advised Bank of Overseas Chinese on its US$427 million acquisition by Citibank.

Ausbildung

New York University, LLM

National Taiwan University, LLB

Zulassung

  • Hong Kong
  • New York
  • Taiwan