International law firm Freshfields Bruckhaus Deringer has advised a consortium of underwriters of a US$5.47 billion A and H rights issue of China Merchants Bank. This rights issue is also the largest equity and follow-on offering in China and Asia, excluding Japan, this year.
Tags: Freshfields Bruckhaus Deringer LLP | Hong KongClifford Chance Advises on Export-Import Bank of Malaysia’s US$1 Billion Multicurrency Sukuk Programme
Leading international law firm Clifford Chance has advised Export-Import Bank of Malaysia Berhad (MEXIM), on the establishment of its US$1 billion multicurrency sukuk programme. The programme was arranged by BNP Paribas, CIMB, HSBC and Maybank. The sukuk programme is based on the Islamic principle of wakala.
Tags: Clifford Chance LLP | Hong KongLatham & Watkins Adds Talented Capital Markets Partner in Hong Kong
Latham & Watkins LLP is pleased to announce that Ji Liu has joined the firm’s Hong Kong office as a partner in the Corporate Department. Liu’s practice focuses on US domestic and cross-border capital markets transactions, representing issuers and underwriters on IPOs, secondary offerings, Rule 144A/Regulation S offerings and high yield bonds, as well as representing companies on compliance matters under US federal securities laws. Liu also has considerable experience advising on mergers and acquisitions, bank finance and venture capital investments as well as corporate governance matters.
Tags: Latham & Watkins LLP | Hong KongClifford Chance Advises China Huishan Dairy on Its US$1.3 Billion IPO
Leading international law firm Clifford Chance has advised China Huishan Dairy Holdings Co. Ltd, on its US$1.3 billion listing on the Hong Kong Stock Exchange.
Tags: Clifford Chance LLP | Hong KongClifford Chance Advises Haitong Securities on US$715 Million Acquisition of China Leasing Business
Leading international law firm Clifford Chance has advised Haitong International Holdings, a wholly-owned subsidiary of Haitong Securities Co., Ltd, on its proposed acquisition of the China leasing business held by UT Capital Group Co., Ltd for US$715 million from private equity firm, TPG Capital.
Tags: Clifford Chance LLP | Hong KongPaul Hastings Represents Shuanghui International in Successful US$7.1 Billion Transaction with Smithfield Foods
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Shuanghui International Holdings Limited (“Shuanghui International”), the owner of China’s largest publicly-traded meat processing enterprise, in the successful completion of its US$7.1 billion acquisition of Smithfield Foods, Inc. (NYSE: SFD). Smithfield’s shareholders approved the merger on September 24 and the transaction closed on September 26, 2013.
Tags: Paul Hastings, LLP | Hong KongDLA Piper Advises PRC Bank Syndicate on Offshore US$195 Million Financing
DLA Piper has advised a syndicate of banks consisting of ABN AMRO Bank N.V., Natixis and Société Générale on a US$195m prepayment facility for Xinjiang Zhaokun Trading Co. Ltd (“Zhaokun”), an aluminium producer in the Kashgar province of the People’s Republic of China (“PRC”), to finance the purchase and production of aluminium, and to refinance an existing prepayment facility provided by Zhaokun’s existing offtaker, Gerald Metals S.A.
Tags: DLA Piper | Hong KongAkin Gump Represents Houlihan Lokey in Chinese Crop Nutrient Maker’s Take-Private Deal
Akin Gump Strauss Hauer & Feld LLP served as legal counsel to Houlihan Lokey Capital, Inc., in its role as financial adviser to the special committee of the board of directors of Yongye International, Inc., which has announced its intention to be taken private.
Tags: Akin Gump Strauss Hauer & Feld LLP | Hong KongDavis Polk – The Export-Import Bank of Korea Notes Offering
Davis Polk advised Citigroup Global Markets Inc., Deutsche Bank AG, Singapore Branch, Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc. and Samsung Securities Co., Ltd. as underwriters in connection with a concurrent SEC-registered Schedule B debt offering by KEXIM of $500 million aggregate principal amount of its floating-rate notes due 2016 and $500 million aggregate principal amount of its 2.875% senior notes due 2018.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk – The Korea Development Bank Notes Offering
Davis Polk advised Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank AG, Singapore Branch; KDB Asia Limited, Mizuho Securities USA Inc. and Standard Chartered Bank as underwriters in connection with a SEC-registered Schedule B debt offering by The Korea Development Bank of $750 million aggregate principal amount of its 3% notes due 2019.
Tags: Davis Polk & Wardwell LLP | Hong Kong