Kejie advised Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”) on the issuance of US$500,000,000 4.625% Guaranteed Notes Due 2019 and US$700,000,000 6.000% Guaranteed Notes Due 2024 (the “Notes”). The completion of the issuance of the Notes took place on July 30, 2014 and Sino-Ocean Land intends to use the net proceeds to repay existing indebtedness and for general corporate purpose. Sino-Ocean Land’s issuance of the Notes is not only by far the largest order of dollars bond issuance in Chinese real estate industry in 2014, but also the largest dollar bond issuance for the first time in the history of Chinese real estate industry.

HSBC, J.P. Morgan, Goldman Sachs (Asia) L.L.C., Deutsche Bank and Bank of China (Hong Kong) were appointed as Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners, and Morgan Stanley, UBS, DBS Bank Ltd., ANZ as Joint Lead Managers and Joint Bookrunners.

July 20, 2014, Sino-Ocean Land has been assigned first-time ratings of “BBB-” long-term foreign currency issuer, “Baa3” issuer and “BBB-” long-term corporate credit respectively from Fitch Ratings, Moody’s Investors Service and Standard and Poor's Ratings Services. The outlook on the ratings by the three international rating agencies is stable. These agencies have also confirmed that the bond credit rating of the Notes is consistent with Sino-Ocean Land’s corporate credit rating.

Kejie team was led by partner He Jie and included Li Xin, Cao Lei, Zhang Fang, Cai Wei, Li Xia, Liu Songlin and Huang Bohao.

Sino-Ocean Land was listed on the main board of the Hong Kong Stock Exchange on September 28th, 2007. Kejie team has also advised Sino-Ocean Land on its US$0.2 billion private equity financing in 2006, its US$1.7 billion IPO in 2007, its issuance of RMB 2.6 billion Corporate Bonds in 2009, its issuance of US$900,000,000 Perpetual Subordinated Convertible Securities Callable 2015 in 2010 and its issuance of US$400,000,000 Perpetual Subordinated Capital Securities Callable 2016 in 2011.