Sino-Forest Completes US$600M Offering

On October 21, 2010, Sino-Forest Corporation, a leading commercial forest plantation operator in China, completed its offering of an aggregate of US$600 million principal amount of 6.25 per cent guaranteed senior notes due 2017. The offering was made on a private placement basis in Canada, the United States and internationally pursuant to available exemptions, through a syndicate of initial purchasers formed by BofA Merrill Lynch and Credit Suisse.

Aird & Berlis LLP acted as counsel for Sino-Forest Corporation in Canada with a team composed of Richard Kimel, Susan Pak, Binh Vu, Andrew Magnus (corporate/securities); Barbara Worndl (tax) and Jill Fraser (financial services).

Linklaters acted as counsel for Sino-Forest Corporation in the US and Hong Kong with a team composed of Hyung Ahn, Grace Avedissian, Samantha Kim and Caroline Chapman (corporate/securities).

Stikeman Elliott LLP acted as counsel for the syndicate of underwriters in Canada with a team composed of Brian Hansen, Quentin Markin and Christos Gazeas (corporate/securities); Davis Polk & Wardwell LLP acted as counsel for the syndicate of underwriters with respect to matters of US federal securities and New York laws with a team composed of William Barron, Gerhard Radtke, Steven Sha (corporate/securities) and John Paton (tax).