Capital Markets: International: Securitisation & Derivatives
Global Guide 2024 : Japan
Band 1
Contact number
+81 3 5561 6600Chambers Review
Clifford Chance has a market-leading team with in-depth expertise in Regulation S debt issuance, including samurai, convertible and green bond products. The firm is also well known for its work on establishing MTN programmes. It is capable in placing equity, with experience in IPOs and secondary offerings, as well as hybrid products. The team has particularly specialist knowledge of underwriter representation as counsel to major Japanese and international investment banks. The firm is also highly skilled at advising on derivatives transactions involving repackagings and structured note programmes linked to equity, currency and credit. Its key clients include Nomura International, Morgan Stanley, Mizuho Securities Asia and Citigroup.
Work Highlights
- Clifford Chance represented the joint lead managers on the issue of bonds under Reg S and Rule 144A, dual-listed on the London Stock Exchange and the Tokyo Pro-Bond Market, by the Metropolis of Tokyo.
Strengths
Provided by Chambers
"They understand our business and markets very well, and as such they are able to provide us with practical solutions when we encounter a difficult situation."
"Clifford Chance showcased excellent depth and breadth in various cross-border transactions. The team has accumulated extensive know-how on the full spectrum of capital markets offerings."
"They understand our business and markets very well, and as such they are able to provide us with practical solutions when we encounter a difficult situation."
"Clifford Chance showcased excellent depth and breadth in various cross-border transactions. The team has accumulated extensive know-how on the full spectrum of capital markets offerings."
Notable Practitioners
Leng-Fong Lai is an international derivatives expert who assists prominent global banks with development products such as swaps, repackaging and structured note programmes. He is admitted in the UK and Singapore, and is a foreign registered lawyer in Japan.
"He has a thorough knowledge of the Japanese market."
"He is very experienced in structured notes and very familiar with the product. He's very reliable and accessible."
Reiko Sakimura is widely regarded as a high-calibre capital markets adviser with a well-rounded practice covering both debt and equity work.
"She is one of Japan's leading lawyers, who not only has excellent experience and knowledge, but also a wonderful attitude of being close to her clients."
Hajime Saito represents clients in the structured finance space and regularly assists with banking transactions and financial regulatory advice.
"He knows the market and practice very well. He is very punctual in his delivery."