According to the firm's website, global law firm White amp; Case LLP advised Deutsche Bank AG, Singapore Branch as sole dealer manager in an all-cash, fixed-price tender offer and consent solicitation by SRE Group Limited, formerly known as Shanghai Real Estate Limited. SRE Group is a real estate development company specializing in property and land development and building construction. Its real estate business is concentrated in Shanghai.
SRE Group launched the tender offer and consent solicitation for its 8.625% Guaranteed Senior Notes due 2013 on June 6, 2009. As of the expiration of the tender offer and consent solicitation, approximately 79.1 percent of the holders of the notes delivered their consents, and 64.3 percent tendered their notes. SRE Group funded the tender offer and consent solicitation from the proceeds of a top-up equity placement and issuance of convertible bonds. |
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