Zhong Lun Represents Linglong Tyre on its Subsidiary’s Offshore Syndication Project
Recently, an offshore syndicate arranged by New Zealand Banking Group Limited and Standard Chartered Bank (Hong Kong) Limited granted offshore syndicated facility of an amount of more than USD200 million to an offshore subsidiary of Shandong Linglong Tyre Co., Ltd. (Stock Code: 601966) (“Linglong Tyre”). The facility is secured by company guarantee provided by Shandong Linglong.
Zhong Lun Law Firm acted as the PRC counsel for Linglong Tyre and its offshore subsidiary and provided comprehensive legal services for this NeiBaoWaiDai loan project. The legal team was led by Shirley Lu, the partner of Zhong Lun, and the team members include Sophia Chen and Mo Chen.