Haitong advised Aquila Capital on the acquisition of EDP Small Hydro, S.A. (“Small Hydro).

Small Hydro owns 7 small hydro plants and 100% of Pebble Hydro - Consultoria, Invest. e Serv., Lda, which in turn owns 14 small hydro plants. The 21 small hydro plants located in the regions Centre and North of Portugal have a total of 103MW and an average residual concession life of 14 years.

Transaction agreed on November 9, 2018 and is still pending legal and regulatory authorisations.

Haitong Bank acted as a Placing Agent on Tongren Transport & Tourism Development & Investment Group Co., Ltd.’s EUR 30m 6.5% private placement of senior unsecured notes due on 29 October 2021. The Bonds constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and shall at all times rank paripassu and without any preference among themselves. The payment obligations of the Issuer under the Bonds shall, save for such exceptions as may be provided by applicable law at all times rank at least equally with all its other present and future unsecured and unsubordinated obligations. Proceeds from the Bonds will be used for general corporate purposes

Tongren Finance Bureau holds 100% of the Issuer’s share capital. The Issuer’s daily operations are supervised by the government.

Haitong Bank acted as a Placing Agent/Sole Bookrunner on Yuyao Economic Development Zone Construction, Investment and Development Co., Ltd.’s EUR 50m 4.6% private placement of guaranteed notes due on 5 September 2019. The Notes constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves. The payment obligations of the Issuer under the Notes shall at all times rank at least equally with all its other present and future unsecured and unsubordinated obligations. The Guarantor has unconditionally and irrevocably guaranteed the due payment of all sums expressed to be payable by the Issuer under the Notes. Proceeds from the Bonds will be used for general corporate purposes.

The Issuer is wholly owned by the guarantor and has received strong financial, policy and other support from the Yuyao Municipal Government.

Haitong Bank acted as Co-Lead Manager in the IPO of 265,000,000D-shares of electric home appliances maker Qingdao Haier Co., Ltd. (excluding Greenshoe of 39,750,000 D-shares). The price per share was €1.05. The €278m proceeds from the IPO will be mainly used for the European and high-growth overseas markets.

The IPO consisted of a public offering in Germany and Luxembourg and a private placement in certain jurisdictions outside Germany (Rule 144A in the US).

The Issuer was already listed in Shanghai with a market cap of RMB85bn (c. €10.5bn)

The dual-tranche FIDC was backed by private debenture issued by subsidiaries companies from Contour Global.

The offering success was reflected in a 1.3x total investor demand, upon a 3-week roadshow for 73 investors in the country’s main financial centers, including São Paulo, Rio de Janeiro, Belo Horizonte, Curitiba, Vitoria and Florianopolis. This caused 1st tranche price to decrease from CDI + 3.29% p.a. to CDI + 3.00% p.a.

Haitong Bank acted as a Placing Agent/Sole Bookrunner on Mianyang Investment Holding (Group) Co., Ltd.’s EUR 70m 4.9% private placement of senior notes due on 5 September 2019. The Bonds will constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves. Proceeds from the Bonds will be used for general corporate purposes.

The issuer is a wholly state-owned asset management entity in Miangyang City, primarily engaged in state-owned assets management, urban infrastructure construction, land consolidation, real estate development, urban water supply, trade and logistics etc. By the end of 2017, the total assets of the company amounted to 9.8 billion Euro, including 24 wholly owned subsidiaries among 29 subsidiaries intotal, 4 holding companies, and 6000 employees.

Ownership: 100% owned by Mianyang Municipality State-owned Assets Supervision and Administration Commission

Haitong Bank acted as a Joint Lead Manager/Joint Bookrunner on the USD110m 6.75% Bonds due 2019 issued by Tianjin Lingang Investment Holding Co., Ltd. (the “Issuer”). The Bonds will constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves. Proceeds from the Bonds will be used for refinancing existing indebtedness of the Group. The Group is the sole construction entity in Lingang Area of Tianjin Port Free Trade Zone (‘‘Lingang Area’’) , focusing on coastal reclamation/coastal mudflat development and infrastructure construction.

The Group is also one of the major entities in Lingang Area that engages in logistics services and other businesses. The Group has three principal business segments: construction development, logistics business and regional development, public utilities and financial services. As of the end of 2017, the group had total assets of 13.19 billion us dollars.

The Group is wholly-owned by and under the supervision of the State-owned Assets Supervision and Administration Commission of Tianjin Binhai New Area, and is the sole operation and management company of Lingang Area

Haitong Bank acted as Placement Agent and Sole Bookrunner of the of the ANTEO SOLAR, EUR 5,2  million financing, 4,26%, due on 2037.

Proceeds from the financing ill be used for refinancing existing indebtedness of the Group due to the acquisition of a PV portfolio.

GrupoTec is an international renewable energy sector company with more than 19 years of experience and 450 MW installed.

Haitong acted as Joint Bookrunner for the issue of R$ 700,000,000 debenture for Copasa. The transaction had a strong local investor demand and high quality granular orderbook, with a 1.7x over subscription rate, garnering approximately BRL1.2bn in interest from 33 accounts.  

Participated as the main lender in the senior syndicated loan in the amount of HK$380,000,000 to Grand Cosmos Holdings Limited

Haitong Bank acted as Sole Bookrunner of the Taiga Mistral EUR 18.7 million, 4,05% Project Bond due 2037. The Bonds will constitute direct, unconditional, unsubordinated and secured obligations of the Issuer.

Taiga Mistral is an investment firm specializing in the renewable energy sector, with more than 2,000 MW of installed power in different technologies.

On the 18th of July 2018, Sport Lisboa e Benfica – Futebol, SAD concluded a public bond issue in the amount of €45 million. The bonds mature in July 2021 and have a fixed rate coupon of 4.00% p.a., payable semi-annually. Total demand reached more than €57 million.

Haitong Bank acted as Sole Global Coordinator in this transaction.