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Conyers Dill & Pearman provided BVI and Cayman Islands law advice to Agile Group Holdings Limited (“Agile”) in connection with its HSBC HK$1.17 billion term loan facility, secured by guarantees and share charges over BVI and Hong Kong subsidiaries and governed by an existing intercreditor agreement.
Agile is one of the leading property developers in China, focusing primarily on the development and sale of medium to large-scale high-quality residential properties in China. In addition to residential properties, Agile also develops commercial properties, including retail shops that are complementary to its residential properties, shopping malls, office buildings and hotels, providing property management and hotel operation services.
Partner Paul Lim of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin (HK).