August 21, 2013 (Hong Kong) – Global law firm Proskauer represented CCB International as the lead initial investor in respect of a US$200,000,000 guaranteed secured senior notes issued by Zhuguang Holdings Group Company Limited, a property development and investment company based in Guangdong Province China and listed on the Hong Kong Stock Exchange (HKSE). In consideration of the purchase of the senior notes, the Issuer also issued to the initial investors warrants representing aggregate exercise price of US$40,000,000.

The transaction was led by Partner Jay Tai in Proskauer’s Corporate Department.

Mr. Tai's practice focuses on private equity, mergers and acquisitions and complex corporate and commercial transactions. He has extensive experience representing regional and global private equity funds, venture capital funds, hedge funds, investment banks and strategic investors in their activities throughout Asia, with a particular focus on China. He has advised clients on deals involving a broad range of industries, including real estate, manufacturing, health care, education, telecommunications and media, and numerous jurisdictions in Asia, including China, Japan, Korea, Singapore and Malaysia.