In November 2020, Llinks assisted in South China financing.
This financing is a parallel offshore and onshore syndicated loan advanced by HSBC and other lenders to South China Holdings Company Limited, having linkage between the offshore and onshore parties and complicated cross security and guarantee structure, and involving a number of jurisdictions such as the PRC, Hong Kong and Cayman.
South China is a HK leading manufacturer and trader in the industries of toys, textiles, logistics and real estate. This financing is to replace the existing debts of the group with the aim to improve its liquidity.
Acting as PRC legal advisers to the offshore and onshore lenders in this financing, Llinks provided legal services in documentation, negotiation, security perfection etc.
