Allen & Overy advised HSBC and Standard Chartered Bank as lead managers on the $1 billion offer.
September 23, 2014 at 01:18 AM
1 minute read
The original version of this story was published on Global Lawyer News
Norton Rose Fulbright and Allen & Overy had the lead roles on the Hong Kong’s $1 billion Islamic bonds offer, the first issued by the Chinese special administrative region.
The five-year, dollar-denominated Islamic bonds, or sukuk, are listed on the Hong Kong Stock Exchange, Bursa Malaysia in Kuala Lumpur and Nasdaq Dubai. According to a statement from the Hong Kong government, the notes were 4.7 times oversubscribed.
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