Debt

  • Guangzhou Rural Commercial Bank as international counsel on its offering of US$1.4 billion non-cumulative perpetual offshore preference shares, one of the largest offshore preference shares offering by Chinese regional banks in recent years.
  • Nanjing Southeast State-owned Assets Investment Group on its RMB1 billion bond offering, the first ever offshore bond offering in the Shanghai Free Trade Zone.
  • Zhongyuan Asset Management Co. as international counsel on its debut US$400 million senior bonds offering, the first offshore bond offering by a PRC state-owned local asset management company.
  • Redsun Properties Group as U.S., Hong Kong and PRC counsel in several high-yield senior notes offerings.
  • Oceanwide Holdings Co. as U.S., Hong Kong and PRC counsel in several high-yield senior notes offerings.
  • Excellence Commercial Properties Co. as U.S. counsel in several high-yield senior notes offerings.
  • Wuxi Industry Development Group Co. as international counsel on its debut bond issuance of US$300 million.
  • Crédit Agricole as its transaction and PRC counsel on the first bail-in-able, TLAC-eligible Panda bond offering by a global systemically important banks (G-SIB) (winner of Debt Deal of the Year 2019 awarded by China Law & Practice).
  • Asian Infrastructure Investment Bank as its transaction and PRC counsel on its establishment of RMB10 billion panda bond issuance program and its first issuance of RMB3 billion panda bonds (winner of The Asset Country Award 2020 – Best China anti-COVID-10 deal).
  • Republic of the Philippines as transaction and PRC counsel on its RMB2.5 billion Panda bond offering.
  • BMW as its transaction and PRC counsel on its establishment of RMB20 billion panda bond issuance program and its issuances of RMB15.5 million panda bonds (Best Panda Bond in China Awards 2019 by FinanceAsia).
  • United Overseas Bank as transaction and PRC counsel on its debut Panda bond offering of RMB2 billion (Best Local Currency Bond in Achievement Awards for 2019 by FinanceAsia).
  • The Ministry of Finance of People’s Republic of China as joint underwriter’s PRC counsel on several sovereign USD bonds and sovereign EUR bonds issuances.
  • The Ministry of Finance of People’s Republic of China as PRC counsel of fiscal agent, issuing and lodging agent, and listing agent on several sovereign RMB bonds issuances.
  • China Petrochemical Corporation as underwriters’ PRC counsel on its bond issuance of US$2 billion.
  • The People’s Bank of China as PRC counsel of fiscal agent, issuing and lodging agent on its several RMB bills issuances in Hong Kong.
  • Shandong Commercial Group Co. as international counsel on its debut bond issuance of US$120 million.
  • Hangzhou Jianggan District Urban Construction & Comprehensive Development Co. as international counsel on its debut bond issuance of US$200 million.
  • Joint lead underwriters’ counsel on Cassa depositi e prestiti’s debut Panda bond offering of RMB5 billion.
  • China Development Bank on its Tier 2 capital bond issuance of RMB30 billion.
  • Industrial Bank Financial Leasing Co. as underwriters’ counsel on its green financial bond issuance of RMB10 billion.
  • China Resources Cement Holdings Limited as counsel on its Panda medium-term notes (MTN) and commercial paper issuance.
  • Lowa China Offshore Holdings (Hong Kong) as underwriters’ counsel on its Panda corporate bond issuance of RMB1.5 billion.
  • Beijing Capital Land as underwriters’ counsel on its private placement of sustainable corporate bond specifically for housing and leasing of RMB 5billion.
  • State Development & Investment Corp. on its bond issuance of US$1 billion.
  • Bank of Ningbo on its A-share convertible corporate bond issuance of RMB10 billion.
  • China National Petroleum Corporation as underwriters’ counsel on its exchangeable corporate bond issuance of RMB20 billion.