Walkers Acts on Shui On Land's First Sustainability-Linked Bond Offering Walkers is proud to have advised on Shui On Land's inaugural US$400 million Sustainability-Linked Bonds (SLBs) offering. The SLBs have a coupon of 5.50% and a tenor of five years with a call feature in the fourth year. Shui On Land’s SLBs mark an important milestone in the company’s sustainable finance journey following its inaugural green bond offering in November 2019. Walkers advised the Issuer, Shui On Development (Holding) Limited, and the Parent Guarantor, Shui On Land Limited, on the Cayman law aspects. Walkers' team is led by partner Kristen Kwok, with the support of Helena Chu.Other legal advisors include Freshfields Bruckhaus Deringer, Clifford Chance, Commerce & Finance Law Office, Davis Polk & Wardwell, and Jin Mao PRC Lawyers. Primary Contacts HONG KONGKristen KwokPartnerT +852 2596 3324kristen.kwok@walkersglobal.comHelena ChuSenior AssociateT +852 2596 3426helena.chu@walkersglobal.com
