Jurisdiction - China
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Skadden Advises Vipshop Holdings Limited On Bond And American Depositary Shares Offerings.

14 March, 2014

 

Skadden represented Vipshop Holdings Limited (Vipshop), a  China-based online discount retailer, in its USD550m offering of 1.50 percent convertible senior notes due 2019 and in the USD163.9m public offering of an aggregate of 1,140,000 American Depositary Shares (ADS) by certain selling shareholders of Vipshop. Vipshop has granted to the underwriters a 30-day option to purchase up to an additional USD82.5m amount of the senior notes and the selling shareholders have granted to the underwriters a 30-day option to purchase up to an additional 171,000 ADSs, the latter option having been fully exercised.

 

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