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24 Jun 2019

DaHui Represents Goldman Sachs in VCREDIT’s US$100 million Senior Notes Offering

VCREDIT Holding Limited (“VCREDIT”) (HKEx: 02003) recently announced the consummation of its offering of US$100 million 11% Senior Notes due 2021. Goldman Sachs acted as the sole global coordinator, lead manager and bookrunner for this offering.

VCREDIT is one of the top 10 independent online consumer finance service providers in China, and its KK Credit product line ranked No. 1 in China’s credit card balance transfer market.

DaHui served as PRC counsel to Goldman Sachs in this offering, with the team being led by partner Zheng Zha.

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