A Ropes & Gray team represented The Goldman Sachs Group, Inc. in its US$100 million convertible bond financing of a newly formed subsidiary of GCL New Energy Holdings Limited. GCL New Energy is listed on the Stock Exchange of Hong Kong, and primarily develops, operates and manages solar farms. The financing proceeds will be used by the issuer of the bonds to purchase and hold grid-connected solar farms in China, and provide a regular and increasing dividend yield to investors in GCL New Energy.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.