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Conyers Dill & Pearman provided British Virgin Islands and Cayman Islands legal advice to CAR Inc. (the “Company”) in connection with its issue of CN¥400 million 6.5% senior notes due 2021.
CAR Inc. is primarily engaged in the car rental business in mainland China. The Company provides short-term and long-term car rentals and leasing, as well as sale of used rental vehicles.
Counsel Wynne Lau and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Davis Polk & Wardwell and Han Kun Law Offices.