Mr Choon Yuen Hui > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

WongPartnership LLP
12 MARINA BOULEVARD, LEVEL 28
MARINA BAY FINANCIAL CENTRE TOWER 3
SINGAPORE 018982
Singapore

Work Department

Financial Services Group; Capital Markets Practice; Financial Services Regulatory Practice; Private Wealth Practice; Insurance Practice.

Position

Head – Debt Capital Markets and Insurance Practices.

Partner – Financial Services Regulatory and Private Wealth Practices.

Career

Choon Yuen’s main practice areas are debt capital markets, securitisations and financial services regulatory compliance.

Work Highlights

Significant transactions that Choon Yuen has been involved in include advising / acting for the following:

  • Banyan Tree Holdings Limited in its renounceable and non-underwritten rights issue of $50 million in aggregate principal amount of 7.5 per cent convertible bonds.
  • Pacific International Lines on the restructuring of the approximately US$3.3 billion in aggregate of debts and liabilities of the shipping group via a consensual debt re-profiling exercise with its creditors in Singapore.
  • Olam International Limited on its liability management exercise comprising an exchange offer and consent solicitation which involved Singapore dollar and U.S. dollar-denominated senior notes and perpetual securities. This is in connection Olam International Limited’s business reorganisation.
  • KKR Credit Advisors (US) LLC and its affiliates in connection with the debt and equity financing of 8S Capital Holdings Pte. Ltd., being the offeror in the voluntary conditional cash offer for all the issued and paid-up ordinary shares of 800 Super Holdings Limited.
  • Arranger (DBS Bank Ltd.) and programme dealers (DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited) in the establishment of Singapore Airlines Limited’s S$2 billion Medium Term Bond Programme (the “Programme”), where bonds under the Programme may be issued under the exempt bond issuer framework or the seasoning framework to retail investors, and the issuance of S$750 million 3.03% bonds due 2024 under the exempt bond issuer framework.
  • DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited (HSBC Bank) and Standard Chartered Bank in a commercial mortgaged back securitisation of receivables from Raffles City complex. The transaction comprised the issuing of US$645 million secured floating rate notes out of an existing S$10 billion medium term note programme and the granting of separate term loan and revolving credit facilities. This deal won the IFR Asia Awards – Securitisation Deal of the Year 2011 and IFR Global Awards – Asia Pacific Securitisation of the Year 2011.

Awards & Accolades

Choon Yuen is recommended as a leading lawyer by independent publications such as asialaw Leading Lawyers – The Guide to Asia Pacific’s Leading Lawyers in 2014, Expert Guides – Guide to the World’s Leading Capital Lawyers in 2011 and Chambers Asia Pacific – Asia Pacific’s Leading Lawyers for Business since 2011.

Chambers Asia Pacific 2020 described Choon Yuen as a “textbook when it comes to DCM” and a “treasure trove of pricing information and structuring abilities”. The 2019 edition highlighted that his “mastery of DCM allows for unique structuring to overcome complex legal issues”, whilst the 2016 edition commended his “experience on securities matters”. The 2014 edition praised Choon Yuen for his “very good bedside manner”, with clients adding that “he has a very solid foundation in his advice, and couples that with practical knowledge of what the realities of the transactions are”. He is also recommended by Chambers Global – The World’s Leading Lawyers for Business 2013 for his “impressive turnaround time on deals”.

Chambers Asia Pacific 2013 acknowledged that he is “well known in the market and held in high regard by bankers”.

Publications

  • Euromoney Emerging Markets Handbook 2012/2013
  • Butterworths Journal of International Financial Law 2012

Languages

English, Mandarin.

Memberships

Member, Law Society of Singapore; Best Practice Working Sub-committee of the Debt and Capital Market Committee within the Singapore Investment Banking Association; Member, Capital Markets and Financial Advisory Services Examination Board, The Institute of Banking & Finance.

Education

Admitted, 1997, Singapore Bar; University of Bristol (LL.B., Hons.).

Lawyer Rankings

Singapore > Capital markets: equity and debt: local firms

(Leading individuals)

Choon Yuen Hui  – WongPartnership LLP

A first choice for capital markets matters in Singapore, WongPartnership LLP has the experience and resources to handle complex debt and equity transactions, including innovative deals in this space. The firm, which draws on the expertise of lawyers based across the Asia Pacific region, is seasoned at acting as international counsel for issuers in South East Asia, including Thailand, Indonesia and Malaysia. Advising underwriters and issuers on public and private placements, including primary and secondary listings on the Singapore Exchange, is a core area of focus for the team, which is also regularly engaged in IPOs of REITs and Business Trusts. The group stands out for its extensive experience in DCM transactions, covering retail structured notes, sustainability-linked products and convertible and exchangeable bonds. Choon Yuen Hui, who focuses on debt offerings, securitisations and financial services regulatory compliance, jointly leads the team with Gail Ong, who is proficient in U.S. registered and Rule 144A/Reg S equity and debt offerings by issuers throughout Southeast Asia. Chee Shan Long is sought by corporates and financial institutions on a range of equity mandates, while Karen Yeoh is recommended for cross-border capital markets transactions. Trevor Chuan is another key practitioner in the DCM market.

Comparative Guides

Singapore: Insurance & Reinsurance April 2022 This country-specific Q&A provides an overview to Insurance & Reinsurance laws and regulations that may occur in Singapore.