The Hong Kong office of the Firm represented Yingli Green Energy Holding Company Limited in connection with its follow-on offering and listing on the New York Stock Exchange of 21,390,000 American Depositary Shares representing ordinary shares (ADSs), including the full exercise of the over-allotment option, raising a total of US$278.1 million. The underwriters for the offering were Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Piper Jaffray & Co.
Yingli Green Energy Holding Company Limited is one of the world’s leading vertically integrated PV product manufacturers. The ADSs of Yingli Green Energy Holding Company Limited are listed and traded on the New York Stock Exchange under the symbol “YGE”.
The Simpson Thacher team for the transaction included Leiming Chen, Shuang Zhao, Blake Dunlap, Robert Mason, Kevin Zhang, David Lee, Yi Gao, Richard Lin and Erica Fung (Corporate), Seojung Park (Tax), and Howie Farn and Sha Sa (Legal Consultants).