The Channel
Islands Securities Exchange (CISE) has listed its first ever
Chinese issuer.
The ground-breaking listing of China Cinda Finance (2014) II
Limited was facilitated by the Hong Kong office of offshore law
firm Mourant Ozannes, who worked with their
counterparts at King & Wood Mallesons and Davis Polk &
Wardell LLP to complete the transaction.
It is the first time that the CISE has listed an issuer with an
ultimate parent company which is domiciled in China. China Cinda
Asset Management Co. Ltd, the issuer's ultimate parent, was
incorporated in Beijing, China in 1999 and listed on the Hong Kong
Stock Exchange (HKEx) in 2013. The CISE listing comprises three
series of notes with an aggregate principal amount of US$500
million which have been issued by China Cinda Finance (2014) II
Limited. The notes were sold to investors such as life insurance
companies, securities firms and asset managers.
