Linklaters’ clients in Hong Kong rely on our expertise in areas ranging from banking & finance, capital markets, competition/antitrust, corporate/M&A, dispute resolution, employment & incentives, financial markets regulation, projects, private equity, and restructuring & insolvency.
Recent significant transactions include advising:
- Cathay Pacific on its HK$39bn recapitalisation proposal. The recapitalisation plan was proposed in response to a series of unexpected events, including the outbreak of the global Covid-19 pandemic, that have created significant challenges for the airline industry.
- Charoen Pokphand Group (CP Group) on its US$10.6bn acquisition of Tesco’s businesses in Thailand and Malaysia. This is the biggest corporate acquisition in Thailand’s history and the largest in Asia to date this year.
- the export credit agencies and common lenders including EKF, UKEF, Korea Trade Insurance Corporation and Credendo on the US$2bn (NT$62.4 bn) project financing of this 376MW offshore wind project in Taiwan, Formosa II
- China Light and Power on the development of a floating storage and regasification unit (FSRU) to power project in Hong Kong, which will include the development of a new Floating Storage Regasification Unit project as well as the negotiation of gas supply arrangements between Hong Kong and mainland China
- Hammer Capital Consulting Limited on the HK$40.2bn debt financing for the purchasers of The Center - the world’s largest acquisition financing for a single-block commercial building
- The Government of Hong Kong SAR on the US$1bn senior unsecured inaugural green bond under its HK$100bn green bond programme
- Chinatrust Commerical Bank and Cathay United Bank, as mandated lead arranger, original lender and agent, for the acquisition financing of garment label maker, Trimco, by a vehicle controlled by Affinity Equity Partners
- BNP Paribas, acting through its Hong Kong branch, as sole arranger and lead manager, and Standard Chartered Bank (Hong Kong) as swap counterparty, on PrimeCredit’s inaugural issuance of US$200m asset-backed securities. This is the first public term securitisation in Hong Kong since the early 2000s and the first public consumer loan asset-backed securities issuance in Hong Kong, as well as and the first Triple A rated personal loan securitisation in Asia ex-Japan.