Akin Gump Advises Noteholders on $420 Million China Singyes Financial Restructuring

(Hong Kong) - Akin Gump has represented an ad hoc committee of noteholders of $420 million senior notes issued by China Singyes Solar Technologies Holdings Limited, a HKSE listed provider of renewable energy solutions, in respect of the financial restructuring of the senior notes and certain other debts of the China Singyes group, which has substantial operations in China and significant onshore and offshore debts.

The debt restructuring was implemented by way of parallel schemes of arrangement in Bermuda and Hong Kong and reached financial close on December 19, 2019.

The Akin Gump team advising the ad hoc committee of noteholders was led by financial restructuring partner Naomi Moore with counsel Jeremy Haywood in Hong Kong and counsel Jingli Jiang in Beijing.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East.

# # #