禹洲集团67亿美元境外债务成功重组，中伦担任票据持有人中国法律顾问

近日，禹洲集团控股有限公司（“禹洲集团”，HKEX:01628）成功完成约67亿美元本金境外债务重组。禹洲集团是一家在香港联交所上市的中国房地产企业，其住宅及商业地产开发项目遍布珠三角、长三角等多个核心城市。该次重组历时三年，是近年来亚洲规模最大、最为复杂的房地产重组案之一，其覆盖债务金额高，重组结构复杂，且涉及多项中国境内资产的担保及增信措施，最终取得了香港特别行政区高等法院、开曼群岛大法院、以及中国境内有关监管部门的批准。该次成功重组，为境外票据持有人利益提供了有利保障。

Yuzhou Group Holdings Company Limited (“Yuzhou Group”, 01628.HK) has successfully completed the restructuring of its offshore debt of approximately USD 6.7 billion in principal amount. Listed on the Hong Kong Stock Exchange, Yuzhou Group is a leading PRC real estate developer whose residential and commercial projects span the Pearl River Delta, the Yangtze River Delta, and other core metropolitan clusters across China. The restructuring, which unfolded over three years, is one of Asia’s largest and most complex offshore debt restructurings of a real estate developer in recent memory, distinguished by its sizeable debt base, intricate architecture, and extensive onshore collateral and credit-enhancement package. The transaction obtained sanction orders from the High Court of the Hong Kong Special Administrative Region, the Grand Court of the Cayman Islands, and the relevant PRC regulatory approvals, providing robust protection for the interests of offshore noteholders.

中伦律师事务所在本次重组交易中担任禹洲集团票据持有人的中国法律顾问，就重组所涉中国法律事务提供支持。项目组由合伙人张德才、张力、王丽娟及非权益合伙人林秀凌牵头，核心成员包括律师徐皖蒙、张媛媛、阴姝伟及董慧敏等。这也是中伦为境外债务重组交易提供综合性法律服务的又一成功案例。

Zhong Lun Law Firm served as PRC counsel to an ad hoc group of Yuzhou Group’s offshore noteholders. The team was led by partners Decai Zhang, Nelly Zhang, and Lijuan Wang, together with non-equity partner Jean Xiuling Lin. Core team members included associate Wanmeng Xu, Yuanyuan Zhang, and Shuwei Yin, as well as Huimin Dong. The success of this restructuring has further strengthened Zhong Lun’s track record in delivering comprehensive PRC legal services for cross-border debt restructuring transactions.

张德才  律师

北京办公室  合伙人

业务领域：诉讼仲裁，破产清算和重整，合规和调查

张力  律师

北京办公室  合伙人

业务领域：诉讼仲裁，破产清算和重整，合规和调查

王丽娟  律师

北京办公室  合伙人

业务领域：工程和项目开发，金融产品和信托，私募股权和投资基金

行业领域：房地产

林秀凌  律师

北京办公室  

非权益合伙人

业务领域：诉讼仲裁，破产清算和重整，债务重组和不良资产处置