Maples Group Advises Amipeace on the Establishment of US$1.2 Billion Medium-Term Note Programme

Maples and Calder, the Maples Group’s law firm, is pleased to have acted as British Virgin Islands counsel to Amipeace Limited (“Amipeace”) on the establishment of its US$1.2 billion medium-term note programme (the “Programme”) and its issuance of CNY2.5 billion 2.02% guaranteed notes due 2031 and CNY1.5 billion 1.88% guaranteed notes due 2029 under the Programme. The RMB-denominated tranches, which are listed on the Hong Kong Stock Exchange, highlight the continued use of offshore structures to support cross-border RMB financing by PRC-related issuers.

The transaction, which completed on 29 April 2026, reflects the Maples Group’s extensive experience advising on complex cross-border capital markets transactions, combining BVI law expertise with PRC-linked group structures. Amipeace is a wholly owned subsidiary of Bank of China Group Investment Limited.

The Maples Group’s team was led by Corporate Partner, Karen Zhang Pallaras, with assistance from Legal Manager, Clare Tsang, both of whom are based in Hong Kong.

Karen Zhang Pallaras commented: “We are delighted to continue our long-standing relationship with Amipeace, which we have advised for more than a decade, on this important cross-border financing.”

Notably, Maples Group was recently named to the inaugural Panel List of Hong Kong Legal Services Providers Supporting “Go Global”, published by the Hong Kong Department of Justice, recognising its track record in supporting overseas expansion for Chinese companies.