Latham & Watkins LLP applies expertise in Hong Kong, US and English law to a wide variety of DCM transactions. The team is particularly notable for its ability to advise on both US-listed and non-US listed companies on convertible and exchange bond offerings. Practice head Ji Liu acts for both issuers and underwriters on a broad spectrum of DCM matters, including dim sum bonds, sustainability-linked bonds, medium term note programmes and the issuance of notes. Posit Laohaphan is the firm’s key contact for hybrid bond offerings and US regulations. Benjamin Su is particularly well-versed in matters relating to the TMT sector.
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Key clients

  • Citigroup
  • J.P. Morgan
  • CICC
  • Goldman Sachs
  • Bank of America
  • UBS
  • Morgan Stanley
  • CLSA
  • The Hongkong and Shanghai Banking Corporation Limited
  • Merrill Lynch (Asia Pacific) Limited
  • Canadian Solar Inc.
  • Coatue Management LLC

Work highlights

Advised the underwriter on the US$1.4 billion Medium Term Note Programme by Wuhan Metro Group Co., Ltd. and issuance of US$300 million 4.25% notes due 2027 and US$400 million 4.45% notes due 2027 under the Medium Term Note Programme.
Advised the underwriters on the offering of US$2 billion in aggregate principal amount of zero coupon exchangeable bonds due 2032 by Baidu, a leading AI company in China.
Advised the underwriters on Alibaba’s issuance of US$5 billion aggregate principal amount of 0.50% convertible senior notes due 2031.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Ji Liu

Other key lawyers

Posit Laohaphan; Benjamin Su