Chambers Review
Provided by Chambers
Capital Markets: Debt (International Firms) - China
What the Team is Known For
King & Wood Mallesons enjoys a solid reputation for its work representing a range of clients in straight debt and convertible offerings, as well as tender offers and consent solicitations. The firm is able to advise on panda bonds, as well as euro and Singapore dollar-denominated offerings, and also enjoys a growing reputation for representing Chinese issuers in high-yield work. Additionally, the team remains active on notable Hong Kong IPOs and is able to provide US, UK, PRC and Hong Kong law advice. It has a particularly strong reputation in PRC-related matters due to its network of offices there.
Strengths
They are quite unique in that they can cover international deals like any other international firm, but because they have a PRC background, they are also very good for deals from China.
The team understands our needs and company culture. They provide professional and insightful advice, which contributes to the success of the matter.
Other than in-depth knowledge of the matters concerned, the firm's experience with Chinese enterprises and exposure in the PRC means it is able to add an extra step in assisting the company.
Work Highlights
King & Wood Mallesons advised CCB International Capital and ICBC International Capital as the joint sponsors, and CCB International Capital and ICBC International Securities as overall coordinator and joint bookrunners, as well as 8 other underwriters, on the listing of Yibin City Commercial Bank on the Main Board of The Stock Exchange of Hong Kong.
King & Wood Mallesons advised the ad hoc group of noteholders of 11.0% senior notes due 2023 issued by Helenbergh China Holdings on its USD657 million debt restructuring.
King & Wood Mallesons acted as Hong Kong and English counsel to Huafa 2024 I in its offering of CNY1.4 billion 4.50% guaranteed digitally native bonds due 2027, unconditionally and irrevocably guaranteed by Zhuhai Huafa Group.
Notable practitioners
Hao is a very sophisticated and experienced partner.
He has done all kinds of deals, from mega-deals all the way to smaller deals. He goes to the client’s office to meet them face-to-face and offers a human touch.
He is not only a technically outstanding lawyer with deep expertise in debt capital markets and PRC regulatory matters, but also a natural leader. He brings a strategic mindset to every transaction.
He has good technical knowledge in the DCM space. His focus on the latest industry developments is very valuable. He explains complex issues in a simple way.
He's knowledgeable and very reliable, with business acumen.
He offers very professional advice, which is very helpful.