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).

Lawyer(s)

Jill P. Fraser Christos Gazeas Andrew Magnus Susan Pak Binh D. Vu Brian G. Hansen Quentin Markin Barbara J. Worndl Richard M. Kimel Grace Avedissian

Firm(s)

Aird & Berlis LLP Linklaters LLP Stikeman Elliott LLP Davis Polk & Wardwell