{"id":130,"date":"2020-04-01T20:53:21","date_gmt":"2020-04-01T12:53:21","guid":{"rendered":"http:\/\/charltonsnaturalresources.com\/?page_id=130"},"modified":"2021-03-03T12:30:47","modified_gmt":"2021-03-03T04:30:47","slug":"debt-issues-professional-investors","status":"publish","type":"page","link":"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/debt-issues-professional-investors\/","title":{"rendered":"Listing of Debt Issues to Professional Investors Only"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;ContentWrapper5&#8243; module_class=&#8221;content-wrapper5&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_row admin_label=&#8221;Banner Top 5&#8243; module_class=&#8221;top-banner5&#8243; _builder_version=&#8221;4.4.3&#8243; background_enable_color=&#8221;off&#8221; background_image=&#8221;\/legal\/capital_raising\/capital_raising_banner.jpg&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Banner 5&#8243; _builder_version=&#8221;4.4.3&#8243;]<div class=\"banner5\">\r\n<h1>Capital Raising<\/h1>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Breadcrumbs&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25.3&#8243;][et_pb_text admin_label=&#8221;Breadcrumbs&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"breadcrumb no-bottom-border\">\r\n<ul><li><a href=\"\/\">Home<\/a><\/li><li><a href='https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/' title='Capital Raising'>Capital Raising<\/a><\/li><li><span>Listing of Debt Issues to Professional Investors Only<\/span><\/li><\/ul>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_4,3_4&#8243; module_class=&#8221;main-content5&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;SideMenu&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"side-menu\">\r\n<div class=\"side-menu-panel\">\r\n<h3>Capital Raising<\/h3>\r\n<span class=\"hamburger\"><\/span>\r\n<\/div><ul class=\"cm-parent\"><li class=\"page_item page-item-127 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/private-equity\/\">Raising Private Equity Finance<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-137\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/private-equity\/advising-natural-resource\/\">Advising Natural Resource Companies<\/a><\/li>\n\t<li class=\"page_item page-item-138\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/private-equity\/advising-investors\/\">Advising Investors<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-128 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/raising-debt-capital\/\">Raising Natural Resources Debt Capital<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-141\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/raising-debt-capital\/advising-lenders\/\">Advising Lenders<\/a><\/li>\n\t<li class=\"page_item page-item-142\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/raising-debt-capital\/advising-borrowers\/\">Advising Borrowers<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-129 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/\">Listing Debt Securities in Hong Kong<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-145\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/conditions-listing\/\">Basic Conditions for Listing<\/a><\/li>\n\t<li class=\"page_item page-item-146\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/options-warrants\/\">Options, Warrants and Similar Rights<\/a><\/li>\n\t<li class=\"page_item page-item-147\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/listing-document\/\">Listing Document<\/a><\/li>\n\t<li class=\"page_item page-item-148\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/listing-agreement\/\">The Listing Agreement<\/a><\/li>\n\t<li class=\"page_item page-item-149\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/listing-debt-securities\/tap-issues\/\">Tap Issues, Debt Issuance Programmes and Asset-Backed Securities<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-130\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/debt-issues-professional-investors\/\">Listing of Debt Issues to Professional Investors Only<\/a><\/li>\n<li class=\"page_item page-item-131\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/pre-ipo-investments\/\">Pre-IPO Investments<\/a><\/li>\n<\/ul>\r\n<\/div>[\/et_pb_text][et_pb_text admin_label=&#8221;SideNews5&#8243; _builder_version=&#8221;4.4.3&#8243; global_module=&#8221;231550&#8243;]<div class=\"side-news5\">\r\n\t\t\n\t\t<div class=\"rtc-image\">\n\t\t<a href=\"https:\/\/charltonsnaturalresources.com\/en\/mosaic-to-sell-brazilian-phosphate-mine-in-125-million-deal\/\"><img decoding=\"async\" src=\"https:\/\/charltonsnaturalresources.com\/wp-content\/uploads\/mosaic-to-sell-brazilian-phosphate-mine-in-125-million-deal.jpg\" \/><\/a>\t\t\t\t\n\t\t<h3 class=\"rtc-caption\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/mosaic-to-sell-brazilian-phosphate-mine-in-125-million-deal\/\">Mosaic to sell Brazilian phosphate mine in $125 million deal<\/a><\/h3>\n\t\t<\/div>\t\t\n\t\t\t\t\n\t\t<div class=\"rtc-image\">\n\t\t<a href=\"https:\/\/charltonsnaturalresources.com\/en\/mali-to-get-1-2bn-from-miners-after-talks\/\"><img decoding=\"async\" src=\"https:\/\/charltonsnaturalresources.com\/wp-content\/uploads\/mali-to-get-1-2bn-from-miners-after-talks-1.jpg\" \/><\/a>\t\t\t\t\n\t\t<h3 class=\"rtc-caption\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/mali-to-get-1-2bn-from-miners-after-talks\/\">Mali to get $1.2bn from miners after talks<\/a><\/h3>\n\t\t<\/div>\t\t\n\t\t\t\t\n\t\t<div class=\"rtc-image\">\n\t\t<a href=\"https:\/\/charltonsnaturalresources.com\/en\/friedland-considers-floating-african-iron-ore-company-on-asx\/\"><img decoding=\"async\" src=\"http:\/\/charltonsnaturalresources.com\/wp-content\/uploads\/friedland-considers-floating-african-iron-ore-company-on-asx.jpg\" \/><\/a>\t\t\t\t\n\t\t<h3 class=\"rtc-caption\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/friedland-considers-floating-african-iron-ore-company-on-asx\/\">Friedland considers floating African iron ore company on ASX<\/a><\/h3>\n\t\t<\/div>\t\t\n\t\t<h4 class=\"view-all-toggle\"><\/h4>\r\n<\/div>\r\n[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;ContentMenuBar1&#8243; _builder_version=&#8221;4.4.3&#8243;]<div class=\"content-menubar\">\r\n<div class=\"page-menu-panel\">\r\n<h3>Friedland considers floating African iron ore company on ASX<\/h3>\r\n<span class=\"hamburger\"><\/span>\r\n<\/div>\r\n<ul class=\"cm-parent\"><\/ul>\r\n<\/div>[\/et_pb_text][et_pb_text admin_label=&#8221;banner content&#8221; _builder_version=&#8221;4.4.3&#8243;]<img decoding=\"async\" src=\"\/legal\/capital_raising\/listing_of_debt_issues.jpg\" \/>[\/et_pb_text][et_pb_text admin_label=&#8221;Content&#8221; _builder_version=&#8221;4.4.8&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243;]<h1>Friedland considers floating African iron ore company on ASX<\/h1>\r\n\r\n<p><a href=\"https:\/\/en-rules.hkex.com.hk\/sites\/default\/files\/net_file_store\/HKEX4476_3611_VER41.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Chapter 37<\/a> of the HKEX Listing Rules deals with listing debt securities that are offered only to professional investors and not to public investors in Hong Kong. Such debt listings are referred to in the HKEX Listing Rules as listings by selective marketing. In the case of such debt listings, most trading occurs off-exchange, with trading on-exchange being relatively rare. Listing is sought so that institutional investors with investment mandates that are limited to listed debt can subscribe for these issues. As a result, this type of debt listing has traditionally been subject to light touch regulation at the HKEX and stock exchanges worldwide.<\/p>\r\n<p>Amendments to the HKEX Listing Rules for debt issuers to professional investors under Chapter 37 came into effect on 1 November 2020. <\/p>\r\n\r\n\r\n<p>For further information please refer to our <a href=\"https:\/\/www.charltonslaw.com\/amendments-to-hkexs-listing-rules-for-debt-issues-to-professional-investors-to-take-effect-on-1-november-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">newsletter<\/a> on the relevant changes to the HKEX Listing Rules, or the HKEX\u2019s <a href=\"https:\/\/www.hkex.com.hk\/-\/media\/HKEX-Market\/News\/Market-Consultations\/2016-Present\/December-2019-Chapter-37-Debt-Issues\/Conclusions-(Aug-2020)\/cp201912cc.pdf?la=en\" target=\"_blank\" rel=\"noopener noreferrer\">Consultation Conclusions <\/a>issued in August 2020.<\/p>[\/et_pb_text][et_pb_text admin_label=&#8221;SubpageMenu&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"page-submenu mb-40\"> \r\n<ul><li class=\"page_item page-item-13 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/about-us\/\">About Us<\/a><\/li>\n<li class=\"page_item page-item-231835\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/get-urls\/\">Get Urls<\/a><\/li>\n<li class=\"page_item page-item-234006\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/home-page-images-1\/\">Home Page Images 1<\/a><\/li>\n<li class=\"page_item page-item-353\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/\">Home Page New<\/a><\/li>\n<li class=\"page_item page-item-28 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/advising-companies\/\">Advising Resource Companies<\/a><\/li>\n<li class=\"page_item page-item-70 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/sponsors\/\">Sponsors<\/a><\/li>\n<li class=\"page_item page-item-93 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/mergers-and-acquisitions\/\">M &#038; A<\/a><\/li>\n<li class=\"page_item page-item-125 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/capital-raising\/\">Capital Raising<\/a><\/li>\n<li class=\"page_item page-item-155 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/listings\/\">Listings<\/a><\/li>\n<li class=\"page_item page-item-199 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/\">Links<\/a><\/li>\n<li class=\"page_item page-item-8\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/home-page\/\">Home Page<\/a><\/li>\n<li class=\"page_item page-item-214\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/join-us\/\">Join Us<\/a><\/li>\n<li class=\"page_item page-item-215\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/contact-us\/\">Contact Us<\/a><\/li>\n<li class=\"page_item page-item-219\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/news\/\">News<\/a><\/li>\n<li class=\"page_item page-item-218\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/newsletters-and-subscriptions\/\">Newsletters and Subscriptions<\/a><\/li>\n<li class=\"page_item page-item-225\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/overseas-mining-laws\/\">Overseas Mining Laws<\/a><\/li>\n<\/ul>\r\n<\/div> [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News November 2024 Friedland considers floating African iron ore company on ASX &nbsp; On 12 November. 2024 mining tycoon Robert Friedland is reportedly planning to list his iron ore company, Ivanhoe Atlantic, on the Australian Securities Exchange (ASX) by mid-2024. The IPO aims to raise capital for investments in Australia\u2019s critical minerals projects, taking advantage of undervalued assets amid a downturn in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":125,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:paragraph -->\r\n<p><a href=\"https:\/\/charltonsnaturalresources.com\/images\/stories\/Documents\/chapter_37.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Chapter 37<\/a> of the Listing Rules deals with listing debt securities that are offered only to professional investors and not to public investors in Hong Kong. Such debt listings are referred to in the Rules as listings by selective marketing. In the case of such debt listings, most trading occurs off-exchange, with trading on-Exchange being relatively rare. Listing is sought so that institutional investors with investment mandates that are limited to listed debt can subscribe for these issues. As a result, this type of debt listing has traditionally been subject to light touch regulation at the Exchange and stock exchanges worldwide.<\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n<p>New Listing Rules for \"professional\" debt securities came into effect at the end of 2011.<\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n<p>For further information please refer to our <a href=\"http:\/\/www.charltonslaw.com\/en\/newsletters\/20110105\/20110105-NewsLetter-HKLaw-detail.htm\" target=\"_blank\" rel=\"noreferrer noopener\">newsletter<\/a> on the relevant changes to the Listing Rules, or the Exchange's <a href=\"https:\/\/charltonsnaturalresources.com\/images\/stories\/Documents\/CapitalRaising\/hkex_ConsultationConclusion_ProfessionalInvestors.pdf\">Consultation Conclusions<\/a> issued in October 2011.<\/p>\r\n<!-- \/wp:paragraph -->","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[28],"class_list":["post-130","page","type-page","status-publish","hentry","category-capital-raising","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=130"}],"version-history":[{"count":17,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/130\/revisions"}],"predecessor-version":[{"id":232820,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/130\/revisions\/232820"}],"up":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/125"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}