Hall Of Fame

Banking and finance: foreign firms in China

Allen & Overy LLP

With an established presence in China for over 30 years, Allen & Overy LLP‘s banking and finance practice features a loyal client base made up of Chinese and international investment and commercial banks, corporates, and funds, acting on matters on both the lender and borrower side. Among its key areas of expertise, the firm is especially well regarded for traditional lending products and a range of financing transactions, with a joint operation with Lang Yue Law Firm extending its reach with regard to PRC law. Beijing-based Yvonne Ho spends the majority of her time advising Chinese and international corporates, banks and ECAs on projects, export credit, acquisition, and asset finance, being able to foster strong relationships with these as a result of her trilingual abilities. In Shanghai, Matthew Bisley is active in financing matters, with a diversified client base regularly seeking advice on real estate and project finance matters relating to energy and infrastructure.

Practice head(s):

Yvonne Ho

Other key lawyers:

Matthew Bisley

Testimonials

‘The partner, Yvonne Ho, is very responsive and hands on. She is always able to come up with solutions that are mid-way, acceptable to the counterparty and that take the clients’ concerns into consideration. She listens and provides market perspectives and what should/should not be done.’

‘The client can be assured of excellent and first class quality.’

‘Yvonne Ho will assist in analysing the situation and making decisions instead of pushing the decision-making to the client.’ 

‘Yvonne Ho provides honest feedback to issues and is particularly good at helping clients to resolve deadlocks. She is a very valuable bridge between the counterparty and the client. This is important in every successful transaction. Yvonne is highly respected by other players in the industry.’ 

Key clients

Asian Development Bank

Lalamove

Bank of China

China Development Bank

China Harbour Engineering Company

Export-Import of Bank of China

Industrial and Commercial Bank of China

International Finance Corporation

New Development Bank

Clifford Chance LLP

Clifford Chance is a go-to firm for clients seeking advice on sustainability-linked financing, with the firm’s wider offering in complex cross-border financing transactions attracting a bundle of leading investment banks, private equity sponsors and funds. Hong Kong-based Anthony Wang, regarded for his ‘thorough analysis‘ in acquisition financing and syndicated loan arrangements, heads the practice, and is accompanied by Matthew Truman, who specialises in restructurings and acquisition finance. Maggie Lo, dividing her time between Beijing and Hong Kong is another notable figure, with a broad practice encompassing cross-border projects, receivables and pre-IPO finance. Strengthening the firm’s debt offering is Hong Kong managing partner Dauwood Malik, who works alongside Edith Leung and Vicky Ma in Hong Kong, both of whom are noted for a range of cross-border transactions. Jiahua Ni is another standout member noted for outbound financings.

Practice head(s):

Anthony Wang

Testimonials

‘Many of the lawyers in the firm are very experienced, they can handle all sorts of structures and problems very well.’

‘Anthony Wang is extremely hardworking and always goes into details – he can provide thorough analysis of the risk profile in a transaction, with suggestions of effective mitigations for each of the risks.’

Vicky Ma has good knowledge and experience in project finance, and she also has a passion for her job.

‘Technically strong. First class advice and documentation quality.’

Key clients

Bank of China

China Development Bank

Citi

Deutsche Bank

HSBC

IFC

JPMorgan

Standard Chartered Bank

UBS

Hillhouse Capital

Trustar Capital

The Carlyle Group

TPG

MBK

PAG

Advantage Partners

Work highlights

  • Advised PAG on a $933 million loan facility provided by Australia and New Zealand Banking Group, Bank of China and BNP Paribas to finance PAG’s $2.8 billion minority investment in the commercial property management business Dalian Wanda Group.
  • Advised J.P. Morgan on its role as the exclusive financial advisor to S.F. Holding on its $2.3 billion acquisition of 51.8% stake in Kerry Logistics Network Limited.
  • Advised a group of Taiwanese banks as mandated lead arrangers and bookrunners on a EUR term facility for BizLink Holding, for acquiring the Leoni Industrial Solutions business group from LEONI AG.

Linklaters

The Greater China banking practice at Linklatersoffers a one-stop-shop‘, exhibiting particular expertise in leveraged and acquisition finance as it stands as a leader for its advisory role to arrangers on private equity-backed leveraged buy-outs and acquisitions with a China link. Another key area of strength is with respect to structured lending, with the team’s leveraging of its integrated team in the corporate, capital markets and regulatory domains as well as its joint operation with local firm Zhao Sheng Law Firm, allowing it to advise on a range of multijurisdictional matters. Beijing-based Xiaohui Ji heads the team in Beijing, spearheading the firm’s offering with regard to Belt & Road transactions, acting for major Chinese policy and commercial banks and international clients in high-profile project financing transactions. Counsel Wendy Zhang handles inbound and outbound financing, pre-IPO and structured debt financing transactions.

Practice head(s):

Xiaohui Ji

Other key lawyers:

Wendy Zhang; Jianbin Wang

Testimonials

‘The Linklaters team offers a one-stop-shop, providing top quality legal services in respect of banking and projects. The team cares about its clients – other than providing quality advice which is often creative and reflects market-leading trends, it is very willing to dig deeper into its client’s needs and the relevant sector, and thus grow together with its client while providing practical advice along the way.’

‘The team is extremely responsive, and its strong delivery ensures that its clients can enjoy sufficient legal certainty.’

‘Xiaohui Ji leads an incredible team. Xiaohui always stays grounded and focuses on real impact – impact that would really matter after in-depth consideration of the specific situation of our company and our industry.’

Key clients

China Development Bank

The Export-Import Bank of China

Bank of China

Industrial and Commercial Bank of China

China Construction Bank

Sinosure

Agricultural Bank of China

Bank of Communications

China Light and Power

China Southern Grid

State Grid Corporation of China

China Machinery Engineering Corporation

Goldwinds

Hong Kong Electric

Huadian

KEPCO (and its subsidiaries)

KOMIPO

wpd

Oil and Gas

Sinochem

Sinopec

BP

CNOOC

Dow Chemical

ENI

KNOC

KOGAS

Kufpec

PETRONAS

PTT E&P

POSCO

Rosneft

Sakhalin Energy

Samsung Group

Total

BAML

BNP Paribas

Citigroup

Credit Suisse

Deutsche Bank

HSBC

ING Bank

JP Morgan

Morgan Stanley

Royal Bank Scotland

Societe Generale

Standard Chartered

UBS

China Coal Technology & Engineering Group

Jingye Group

China MinMetals / MMG

Shandong Iron & Steel

GDF Suez

Glencore

Noble Group

Rio Tinto

WISCO

China Harbour

China Machinery Engineering Corp.

DP World

Hutchison

International Container Terminal Services Inc.

Jardine Matheson

Macquarie Infra

China Eximbank

Sinosure

Atradius

Bpifrance

EDC

EKF

KEXIM

Ksure

Hermes

JBIC

NEXI

UKEF

Work highlights

  • Advised China Merchants Bank and Shanghai Pudong Development Bank in their capacity as arrangers in respect of the leveraged financing for the privatisation of 51job Inc.
  • Acted for China Merchants Bank, Ping An Bank, Shanghai Pudong Development Bank and CMB Wing Lung Bank on the $800m acquisition financing for Hillhouse’s acquisition of Serta China and King Koil China.
  • Acted for China Merchants Bank, Ping An Bank, Shanghai Pudong Development Bank and CMB Wing Lung Bank as mandated lead arrangers in relation to a $1bn term loan facility for Hong Kong Jingang Trade Holding, in connection with its acquisition of 34.33% issued shares of Ausnutria Diary.

Ashurst

Ashurst provides a diverse offering in the banking and finance space, with the team capable in project, real estate and acquisition financing, in conjunction with issues relating to margin loans and structured lending arrangements. Apart from being highly regarded for its ‘thorough and comprehensive legal services‘ when it comes to cross-border matters, it benefits from a joint operation with Guantao Law Firm, allowing it to act on PRC law matters. Patrick Phua, who divides his time between the firm’s Beijing and Hong Kong offices, is particularly regarded for his work on derivates and structured products. Also working across these two offices is ‘well versedDaniel Lau, with over 15 years of experience in cross-border transactions, including in relation to mezzanine financings and syndicated loans. Primarily in Hong Kong, Eric Tan is ‘very good technically‘, being able to ‘apply his technical skills to the commercial needs of the transaction‘ as he handles a variety of banking product work, advising financial institutions and corporates from both sides of lending relationships. At the associate level, Beijing-based Emma Zhang showcases expertise in project finance work, with a focus on the power, resources and infrastructure sectors.

Practice head(s):

Patrick Phua

Testimonials

‘Daniel Lau has extensive experience dealing with borrowers from Mainland China. He is well versed with banking-related PRC regulations and is able to give on-the-point advice on transactions.’

‘Eric Tan is technically strong and a very safe pair of hands. He is also effectively trilingual, which helps with communications with internal and external parties!’

‘The team provides very good legal services. It is very knowledgeable and knows the market very well. They are able to offer very practical legal advice. They are quick and are able to meet challenging deadlines. Eric is a very hands-on partner.’

‘Eric Tan is probably the best banking and finance lawyer in town. He is knowledgeable, practical, compassionate, has good judgement and can understand client’s needs very well.’

‘Ashurst provides thorough and comprehensive legal services that are well tailored for complex cross-border transactions encompassing multiple jurisdictions. With its large direct countries coverage and a number of referral relationships exhaustively covering key local jurisdictions for banking and finance matters, Ashurst offers the reach and insight of a global network, combined with the knowledge and understanding of local markets.’

‘Eric Tan is very good technically and is able to apply his technical skills to the commercial needs of the transaction. He is able to deal with a variety of personalities and manages deals well.’

Key clients

HBIS Group Hong Kong

Shuifa International Holdings

DBS Bank

Société Générale SA

HSBC

Deutsche Bank

Natixis

Pacific Aegis Capital Management

Haitong International Securities Group

Standard Chartered Bank

Work highlights

  • Advised HSBC and 8 other banks on the US$300 million syndicated facility to Kingfa Sci. & Tech. Co., Ltd, a Chinese company listed on the Shanghai Stock Exchange.
  • Advised the arrangers on a USD350 million and HK$783 million dual currency loan to Bright Food (Australia).
  • Advised the finance parties on a syndicated HK$1.5 billion term loan facility to be made available to China Forestry International Resource Company Limited, the offshore financing platform and wholly owned subsidiary of the state-owned China Forestry Group Corporation.

Baker McKenzie FenXun

Baker McKenzie FenXun is distinguishable for its multi-faceted focus on leveraged, real estate, fund, aviation and large syndicated financings. In Hong Kong, aircraft financing expert Andrew Lockhart leads the team, with a practice extending to bilateral and syndicated loan transactions. Simon Leung is another notable practitioner in the Hong Kong office, specializing in PRC-related cross-border financing transactions, acting from a lender or borrower perspective, while Sally Hung regularly acts on large-cap syndicated and real estate financings. Kenneth Ching is also recommended, combining ‘excellent technical expertise with acute commercial awareness‘ to act in leveraged finance matters. Acting out of the Shanghai office is Grace Li, with a broad practice encompassing regulatory advice as well as structured aircraft financing and leasing transactions; Beijing-based Duan Cui is recommended for outbound finance transactions.

Practice head(s):

Andrew Lockhart

Testimonials

‘The team is very experienced in cross-border and multijurisdictional structured financing transactions.’

‘The practice leverages its extensive network and deep resources and provides seamless services across different jurisdictions.’

‘Kenneth Ching combines excellent technical expertise with acute commercial awareness and provides practical solutions that meet commercial goals. He is very responsive and hands-on and expertly handles complicated transactions with ease. He is truly a trusted adviser.’

Key clients

Bank of China

Bank of Communications

China CITIC Bank International

Chong Hing Bank

Credit Agricole Corporate and Investment Bank

Deutsche Bank

DBS Bank

The Hongkong and Shanghai Banking Corporation

Hysan Development Company

Industrial and Commercial Bank of China

Standard Chartered Bank (Hong Kong)

United Overseas Bank

Work highlights

  • Acted for a syndicate of lenders on a Sinosure-supported loan facility to PT Huayue Nickel Cobalt for the development of a nickel ores processing plant in Indonesia.
  • Acted for a syndicate of financial institutions in connection with a $1 billion syndicated term loan facility arranged to Sany Heavy Industry Co.
  • Advised ICBC Hanoi as agent on the USD/VND term loan facilities provided by a syndication including Chinese, Vietnamese and Hong Kong banks to a Vietnamese subsidiary of Zhejiang Yongjin Metal Technology Co. to finance the construction and development of a steel strip factory in Vietnam.

White & Case LLP

White & Case is often retained by lenders, sponsors, and borrowers to advise on cross-border deals, with a further specialisation in debt finance. Hong Kong-based Eugene Man, head of the firm’s Asia-Pacific banking and restructuring practices, leads the team, showcasing nearly 20 years of experience handling leveraged financing and structuring private debt/credit financing matters. Beijing-based David Li focuses on complex financing mandates, particularly long-term subordinated convertible and bridge liquidity financing. Also noted are Baldwin Cheng, adding 20 years to the team’s experience in pan-Asian financings, and Shanghai-based senior consultant Frank Shu, who is noted for advising Chinese companies in privatisation financing.

Practice head(s):

Eugene Man

Testimonials

‘David Li is exceptional. He is professional, practical and has a deep knowledge of the market. He provided solutions and is trustworthy.’

Key clients

Asian Infrastructure Investment Bank

Bank of America

Bank of China

China Merchants Bank

China Molybdenum

DBS

DigitalBridge Group

HSBC

Industrial and Commercial Bank of China Limited

Morgan Stanley

RRJ Capital

Standard Chartered Bank

Work highlights

  • Advised twelve banks as the mandated lead arrangers and bookrunners on the amendment and extension of the 2017 facilities and concurrent upsize to an aggregate $6.5 billion senior secured revolving credit facilities for Alibaba Group Holding.
  • Advised RRJ Capital in connection with the bridge financing and long-term new money refinancing of its buyout acquisition financing of gategroup Holding AG.
  • Advised China Molybdenum on a $600 million bridge and five year pre-export financing (PXF) arranged by China Construction Bank.

Mayer Brown

Mayer Brown‘s banking and finance practice is sought out for its comprehensive transactional offering, representing major PRC banks and Chinese SOEs across a wide range of sectors on leveraged and acquisition finance, bilateral and syndicated loans as well as financing for real estate, assets, and projects. The practice is led by Hong Kong-based Richard Stock, who also acts as the firm’s head of banking and finance in Asia. In Beijing, Hallam Chow handles asset-based finance including aircraft, equipment and facility leasing, and joint ventures in the energy and infrastructure sector. Boya Shen is noted for innovative acquisition finance deals, with a further emphasis on representing lenders, sponsors and investment funds on a range of projects.

Practice head(s):

Richard Stock

Other key lawyers:

Hallam Chow; Boya Shen

Paul Hastings LLP

Paul Hastings LLP is a name to note for commercial lending, regularly advising clients on the lender and borrower side in relation to convertible debt facilities, real estate acquisitions, bond financing and senior mezzanine and subordinated debt credit facilities. The team is jointly led by Jia Yan and Hong Kong-based James Ma and Vivian Lam. Yan divides his time between Beijing and Shanghai, while Ma excels in structuring and executing cross-border transactions in the Greater China and Asia regions. Also noted for cross-border transactions, Lam is active in acquisitions, debt issues, and corporate restructurings, with a focus on advising financial institutions and domestic companies.

Practice head(s):

James MaVivian Lam; James Ma

Key clients

China Orient Summit Capital

Sino-Ocean Group

Bank of Taiwan

Taipei Fubon Commercial Bank

CTBC Bank

ICBC International Capital Limited

Maybank Investment Bank

WH Group

Standard Chartered Bank

China Everbright Limited

JPMorgan Chase Bank NA

COSCO Shipping

Ping An

China Development Bank

Redsun Properties Group Limited

Yuzhou Group Holdings Company Limited

Sheng Yuan Holdings Limited

Contemporary Ruiding Development Limited

Zhangjiakou Financial Holding Group

Work highlights

  • Advised WH Group on its syndicated term loan facility in the amount up to $2bn to finance its conditional voluntary cash offer to buy-back for cancellation 13% of its total issued share capital for approximately $1.92bn.
  • Acted for Contemporary Ruiding Development Limited on its issuance of $500m 1.5% bonds due 2026, unconditionally and irrevocably guaranteed by Contemporary Amperex Technology.
  • Advised Sino-Ocean Land Treasure IV on the issuance of $320m 2.7% guaranteed green notes due 2025 guaranteed by Sino-Ocean Group.

DLA Piper

DLA Piper's Hong Kong-based team is regularly instructed on a range of banking and finance matters, including margin lending, structured finance, multilateral lending agency financings and acquisition finance. Practice head Matthias Schemuth focuses on international banking, structured commodity and trade finance, asset finance and leasing finance across the Asia region. Adding to the firm’s transactional expertise is Paul Lee, handling cross-border financings, acquisition finance and share-backed financing matters, while Crystal Chen, who joined the firm from Linklaters in May 2022, strengthens the team’s inbound and outbound transaction capabilities. Of counsel Tom Van Hoof is recommended for acquisition and leveraged finance.

Practice head(s):

Matthias Schemuth

Other key lawyers:

Paul Lee; Crystal Chen; Tom Van Hoof

Key clients

BBVA

DBS Bank

DZ Bank

Rabobank

Deutsche Bank

Société Générale

ANZ

ICBC Asia

Hang Seng Bank

Standard Chartered Bank

Sumitomo Mitsui Trust Bank

HSBC

China Merchants Bank

Natixis

Asian Development Bank

Bank of Communications

Bank of China

ICBC Standard Bank

Macquarie

ING

UOB

Hutchison/CKH Holdings

UniCredit

Tongcheng Travel Holdings Limited

Mashreq Bank

Work highlights

  • Acting for Mashreq Bank PSC on its revolving and letter of credit facilities of up to $100m to COFCO.|
  • Advising BBVA as mandated lead arranger and lender in connection with a Hong Kong law governed $150m synthetic Chilean Peso financing for a Chilean subsidiary of State Grid International Development and the current refinancing of this facility.
  • Advising Société Générale in relation to an ESG-linked, USD Sinosure-covered export financing to be made available to Jinko Solar.

Kirkland & Ellis International LLP

Kirkland & Ellis‘s debt finance department is characterized by its focus on private equity borrower and complex credit fund work, covering key financing products across the Asia-Pacific region. The Hong Kong-based team is co-headed by Manas Chandrashekar, an international financing expert acting for major borrowers and lenders, and Jacqueline Zheng, who is experienced in high-profile leveraged buyout transactions. Karen Ho is another key figure, acting primarily for global private equity sponsors in a range of cross-border leveraged finance, structured and margin financing transactions.

Other key lawyers:

Gautam Agarwal; Karen Ho

Key clients

DCP Capital Partners II

Ocean Link Partners Limited

Baring Private Equity Asia

New Frontier Public Holding

KKR

Blackstone

Blackstone Real Estate Funds

BroadPeak Global LP and Asia Green Fund Management Limited

Partners Group AG

FountainVest Partners

WM Cayman Holdings Limited II

Work highlights

  • Acting as international co-counsel and sole debt financing counsel to investor consortium in the proposed take private of 51job.
  • Advised Baring Private Equity Asia on the debt financing for its acquisition of Hinduja Global Solutions Limited’s healthcare services related business process management unit.
  • Advised New Frontier Public Holding on the RMB equivalent of $200 million new debt financing and amendments to the group’ existing LBO facilities for the take private of New Frontier Health Corporation.

Pinsent Masons

Led by Beijing-based Kanyi Lui, the finance and projects team at Pinsent Masons is well positioned to advise on Belt and Road projects, and particularly excels at advising borrowers and lenders on the full spectrum of project financings. At the associate level, Winnie Nie handles a multitude of transactions in Asia, Africa and Latin America, Olivia Wang is noted for her experience of acting for policy and commercial banks on loan transactions.

Practice head(s):

Kanyi Lui

Other key lawyers:

Winnie NieOlivia Wang

Key clients

MEXIRRC

Bank of China Limited

Asian Development Bank

International Finance Corporation

CRRC

Work highlights

  • Advising MEXIRRC, a subsidiary of CRRC Zhuzhou Locomotive and CRRC (Hong Kong) on Mexico City’s Metro Line 1 modernisation project.
  • Advised BOC and a syndicate of 11 banks on the project financing and subsequent restructuring of the $1bn Xiamen Xiangyu integrated stainless steel plant located in South Sulawesi, Indonesia.  
  • Advised International Finance Corporation on the post restructuring of an on-lending facility to Transcapital for financing local micro, small and medium sized entities.

Ropes & Gray LLP

Ropes & Gray LLP specialises in leveraged and acquisition finance, with private equity sponsors standing as the firm’s key clients. Leadership of the practice is divided between Jackie Kahng and Daniel Anderson, with the former focusing on a wide range of banking and finance mandates including cross-border leveraged financing and acquisition finance, while the latter is recognised for his experience in refinancing and restructuring matters. Counsel Lucy Wu is also a name to note who acts for financial institutions and private equity firms on asset and margin finance.

Practice head(s):

Jackie KahngDaniel Anderson

Other key lawyers:

Lucy Wu

Key clients

Bain Capital

Baring Private Equity Asia

Blackstone

Davidson Kempner Capital Management

IGIS Asset Management

KKR

MBK Partners

New Mountain Capital

Tor Investment Management Hong Kong

TPG Capital

Work highlights

  • Advised Nexus Point in connection with Nexus Point-led consortium’s acquisition of Honour Lane Shipping.
  • Advised Bain Capital Private Equity in connection with its acquisition of a majority stake in CLASSYS.
  • Advised KKR in connection with its acquisition of redeemable convertible preferred shares newly issued by SK E&S.

Stephenson Harwood

Stephenson Harwood is well versed in secured and unsecured borrowings and syndicated loan transactions. Apart from its routine work, the firm has recently seen an increase in open account and supply chain finance matters. Hong Kong-based practice head Katherine Liu  is supported by Mark Reed who handles financial services regulatory, financing and insolvency matters. Anna Kwong who was promoted to the partnership in May 2021, is regarded for trade finance products and disputes.

Practice head(s):

Mark Reed

Testimonials

‘The team provides efficient and responsive services.’

Key clients

Bank of China

China Construction Bank Corporation, Hong Kong branch

China Construction Bank (Asia) Corporation Limited

FundPark

Metro Holdings

TNG

China Merchants Bank

Unitas Group Company Limited

Work highlights

  • Acted for China Merchants Bank in on-shore guarantee and on-shore loans, with over 18 similar transactions with total loan amount of over ¥4bn.
  • Advised Unitas on the secured term loan facilities arranged by two major commercial banks for the purpose of financing the acquisition and redevelopment costs of an industrial building in Hong Kong.
  • Assisted an international bank with establishing and operating a programme for on-boarding Hong Kong suppliers to supply chain facilities provided by it and driven by the credit strength of major US retailers.

Latham & Watkins LLP

Latham & Watkins LLP features a dedicated sponsor-side practice, offering a full service in relation to recapitalisation transactions, mezzanine facilities, syndicated lending and acquistion financing. Timothy Hia leads the Hong Kong-based practice which includes Andrew Bishop  who has experience advising private equity funds, venture funds, credit funds and other institutional investors in complex financing across the Asia-Pacific region. Howard Lam expands the firm’s field of expertise to leveraged buy-outs, acquisition financings, margin loans and bridge financing, while counsel Lynsey Edgar focuses on take-private financings and syndicated lending.

Practice head(s):

Timothy Hia

Simpson Thacher & Bartlett LLP

With a presence in Beijing, Hong Kong and Tokyo, Simpson Thacher & Bartlett LLP acts for both private equity and corporate borrowers as well as financial institutions in acquisition and real estate financing transactions. Hong Kong-based Makiko Harunari leads the firm’s Asia banking and credit group, focusing on complex cross-border financing transactions in the Asia-Pacific region.

Practice head(s):

Makiko Harunari

Key clients

Ant Financial

KKR & Co

The Blackstone Group

Primavera Capital Group

Work highlights

  • Advised Blackstone in financing related to its $6.3bn acquisition of Crown Resorts.
  • Acted for Primavera Capital Group in financing related to its acquisition of the Greater China business of Mead Johnson Nutrition Company.
  • Acted for Blackstone in financings related to its $1.1bn acquisition of a majority stake and subsequent acquisition of the remaining stake in the largest urban logistics park in China’s Greater Bay Area.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP‘s Hong Kong-based team is particularly active in advising borrowers. With a strong tie between the firm’s finance and corporate and M&A groups, the team is also able to advise on margin loans for shareholders and PRC going-private acquisitions. John Hartley advises borrowers, lenders and alternative capital providers on debt financings, real estate financings and project financings, and jointly leads the practice with Jonathan Stone.

Practice head(s):

John Hartley; Jonathan Stone

Key clients

Sina Corporation

Baidu

Trip.com Group Limited

Sands China

Watson Farley & Williams

Well known for its extensive maritime sector expertise, Watson Farley & Williams exhibits strength in the banking and finance space, acting for offshore oil and gas clients, PE funds, and container operators in financings, restructurings and disputes. Madeline Leong is the head of the firm’s Asia assets and structured finance group, dividing her time between Singapore and Hong Kong; Leong has a wealth of experience advising high-profile clients in the transportation, natural resources and energy sectors, and is supported by Hong Kong office head Christoforos Bisbikos who counts leading international and domestic banks as well as international shipping companies as his main clients. Counsel Valerie Lee is recommended for debt structuring and sale-and-leaseback transactions.

Practice head(s):

Madeline Leong

Key clients

ICBC Financial Leasing

China Merchants Financial Leasing Holding

Banco Santander

Standard Chartered Bank

BNP Paribas

Citi Bank

Crédit Agricole Corporate and Investment Bank

China Merchants Commerce Leasing

OCBC Bank

Work highlights

  • Advised China Merchants Financial Leasing Holding as borrower to $445.7m term loan facilities granted by a syndicate of leading international banks.