Global law firm Norton Rose Fulbright has advised Macquarie, DBS and BOCI on a top-up placing of shares of Sheng Ye.
Sheng Ye is a leading data-driven supply chain financial services provider in China. Powered by fintech and an in-depth understanding of the industries it serves, Sheng Ye offers a range of flexible account receivable-based financing products and corporate services to meet the vast financing needs of underserved small medium and micro enterprises in the region.
Norton Rose Fulbright advised the banks on the placing agreement as well as the structure of the placing.
Terence Lau, corporate partner who led on the deal, commented:
“We are delighted to have advised on the successful launch of this deal by three placing agents in the market, indicating that we are able to seamlessly align the interests of multiple banking clients. The launch and completion of this deal in a turbulent stock market required all the advisors to respond swiftly.”
The Norton Rose Fulbright team also included associate Kelly Tsoi.