JunHe Advises a Financing Syndicate on Taibang Biologic Group’s Privatization and Delisting from m88 sport betting app NASDAQ
2021.05.02
Taibang Biologic Group ("Taibang Biologic"), an integrated Chinese blood product and biomedical company, announced on April 20, 2021, that it had signed a merger agreement with CBPO Holdings Limited (m88 sport betting app parent company) and its wholly owned subsidiary, CBPO Group Limited (m88 sport betting app subsidiary company). According to this agreement, Taibang Biologic will remain as an entity and be a wholly owned subsidiary company of CBPO Holdings Limited after m88 sport betting app merger. m88 sport betting app Company's shares will m88 sport betting appn no longer be traded and start m88 sport betting app delisting process from m88 sport betting app NASDAQ.
m88 sport betting app consortium consisted of Centurium Capital, CITIC Capital, Hillhouse Capital and Temasek, as well as some om88 sport betting appr well-known funds. m88 sport betting app investors financed Taibang’s privatization through a combination of equities and debts.
In terms of debt financing, m88 sport betting app transaction introduced a consortium consisting of Ping An Bank and Shanghai Pudong Development Bank for its merger. JunHe’s financial team acted as m88 sport betting app Chinese legal counsel to m88 sport betting app financing consortium in this transaction, providing a full range of legal services.
m88 sport betting app privatization of Taibang Biologic is m88 sport betting app largest on m88 sport betting app Chinese Concept Stock market so far this year. It is anom88 sport betting appr highlight for m88 sport betting app JunHe team, following 58.com, SINA and om88 sport betting appr large privatization transactions of listed companies it has handled since 2020. It was also one of m88 sport betting applargest and most watched M&A transactions in m88 sport betting app market this year, in m88 sport betting app context of m88 sport betting app Chinese Concept Stock market under local and international capital market circumstances.
m88 sport betting app services provided by JunHe’s Financial Team in this transaction include:
Assisting m88 sport betting app financing consortium in determining m88 sport betting app financing structure for m88 sport betting app privatization; assisting m88 sport betting app consortium members in negotiating, drafting and revising m88 sport betting app financing terms, loan commitment letters and om88 sport betting appr documents, implementing m88 sport betting app specific stipulations of m88 sport betting app credit approval documents issued in m88 sport betting app bank commitment letters, and assisting m88 sport betting app banks in issuing loan commitment letters for m88 sport betting app privatization financing.
Assisting m88 sport betting app consortium in negotiating, drafting and revising m88 sport betting app loan agreements and om88 sport betting appr financing documents, implementing m88 sport betting app specific agreements in m88 sport betting app financing documents as specified in m88 sport betting app bank credit approval reply, and issuing legal opinions, transaction memorandums and om88 sport betting appr legal documents to m88 sport betting app banks;
Determining m88 sport betting app structure and m88 sport betting app documents for m88 sport betting app domestic guarantee and guarantee documents, and assisting m88 sport betting app syndicate in drafting and completing m88 sport betting app execution of m88 sport betting app guarantee documents and implementing m88 sport betting app various guarantee conditions before and after m88 sport betting app closing.
Assisting and coordinating with each party of m88 sport betting app bank consortium, m88 sport betting app borrowers, and m88 sport betting app investment consortium to successfully complete m88 sport betting app signing of m88 sport betting app financing documents, m88 sport betting app loan distribution and closing of m88 sport betting app privatization merger.
Working closely with m88 sport betting app foreign lawyers to provide services for m88 sport betting app privatization financing and m88 sport betting app delisting- related matters.
m88 sport betting app leading partner of this project was Mr.m88 sport betting app, and m88 sport betting app undertaking partner was Mr.M88 Game en ,中文,En,首页,君合招聘.
In addition to this project, JunHe’s banking and financing team has been involved in many privatization projects including Giant Network, E-House China, Pharmaceutical Kang, 58.com and SINA and built up broad experience and a solid reputation in large merger financing markets.
