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Devonshire Capital
November 1996
Debt facility backed by China Elegance (Holdings)
plc equity
Devonshire Capital arranged for its client a US$
2.2 million reverse collar equity derivative debt facility backed
by China Elegance (Holdings) Limited ordinary shares.
China Elegance (Holdings) Limited is a manufacturer
and distributor of leather and non-leather garments and is listed
on the Hong Kong Stock Exchange. |