8 June, 2015
Shearman & Sterling advised Qunar Cayman Islands Limited (“Qunar”) in connection with the USD 500m strategic investment in Qunar led by global technology investor Silver Lake in the form of 2% Senior Unsecured Convertible Notes. Silver Lake has made a USD 330 million investment, while another investor contributed USD 170m. Qunar is a leading mobile and online travel platform in China.
The Shearman & Sterling team includes partners Paul Strecker, Lee Edward, Michael Dorf, Alan Yeung and Alan Seem.
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