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Freshfields advises S. F. Holding Co., Ltd. on US$500m note issuance

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised on the issuance of US$500m guaranteed notes due 2023 (‘the Notes’) by SF Holding Investment Limited, at an interest rate of 4.125 per cent per annum. The Notes are unconditionally and irrevocably guaranteed by S.F. Holding Company Limited and were listed on the Hong Kong Stock Exchange on 27 July 2018.

SF Group is the largest express delivery provider in China both by market share and market capitalisation. The deal marks its first-ever offer of US dollar-denominated bonds in an offshore market.

The Freshfields team advising on the deal was led by partner and Asia co-head of Global Transactions Andrew Heathcote and partner Calvin Lai, supported by head of China debt capital markets Bing Guan.


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