Department profile
Sidley Austin LLP

Capital Markets: Debt (International Firms)

Global Guide 2026 : China


Sidley Austin LLP

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About

Provided by Sidley Austin LLP

For more information on the practice, please visit the practice's page at: https://www.sidley.com/en/us/services/capital-markets/

Chambers Review

Provided by Chambers

Capital Markets: Debt (International Firms) - China

Band 3

Band 3


What the Team is Known For

With a well-rounded team with an exceptional reputation for handling complex and high value high-yield debt work, Sidley Austin is also skilled at advising on investment-grade debt offerings, including hybrid products, green bonds and dual-currency offerings, regularly acting as issuer's counsel. The DCM team is also frequently sought out to advise on a range of debt restructuring mandates. The firm also maintains a very busy ECM practice, acting on a high number of IPOs and share placements and representing a range of issuers and underwriters. It is regularly engaged by international banks, as well as PRC and Hong Kong financial intermediaries, and is particularly active on issuances in the property, energy, biotech and pharmaceutical sectors.

Work Highlights

Provided by Chambers

  • Sidley Austin advised XtalPi Holdings in the first Hong Kong IPO under the new Chapter 18C listing regime for Specialist Technology Companies.

  • Sidley Austin advised Sino-Ocean Group on its offering of approximately USD6 billion high-yield notes, loans, mandatory convertible bonds and perpetual securities as part of its offshore debt restructuring.

  • Sidley Austin represented the underwriters in the USD5 billion dual-currency notes issuance by Alibaba Group.

Strengths

Provided by Chambers

  • They have a vast coverage of high-yield clients and are familiar with high-yield covenants. I rely on their expertise to decide the key terms in negotiation and deal structuring.

    Capital Markets: Debt (International Firms) respondentGlobal
  • Sidley Austin is strong in handling complex issues and negotiations. We greatly appreciate the prompt turnaround and client-centric focus, which have made a real difference.

    Capital Markets: Debt (International Firms) respondentGlobal
  • The department is recognised for its ability to provide timely, practical and strategic advice tailored to each client’s business objectives.

    Capital Markets: Debt (International Firms) respondentGlobal

Notable Practitioners

Provided by Chambers

  • Band 1Carrie Li
    Band 1Carrie Li

    Carrie Li

    Carrie Li is a partner in Sidley Austin's Hong Kong office who is highly regarded for handling both investment-grade and high-yield debt issuances.
    • Carrie is super hands-on, approachable, responsive and diligent.

      Capital Markets: Debt (International Firms) respondentGlobal
    • Carrie is the best of the best in this industry.

      Capital Markets: Debt (International Firms) respondentGlobal
    • Carrie is very experienced and can mobilise their global resources effectively to provide high quality legal advice. It is a great pleasure working with her.

      Capital Markets: Debt (International Firms) respondentGlobal
  • Band 4Constance Choy
    Band 4Constance Choy

    Constance Choy

    Constance Choy is head of Sidley Austin's China corporate and finance group and the firm's Asia-Pacific managing partner, offering clients three decades' experience advising on IPOs and H-share placements.
  • Band 4Meng Ding
    Band 4Meng Ding

    Meng Ding

    Ding Meng is noteworthy for his specialism in technology-related ECM transactions. He is well regarded for both Hong Kong and US capital markets matters.
    • Meng brings a high degree of legal and technical sophistication, with strong expertise in convertible instruments, equity structuring and term sheet negotiations.

      Capital Markets: Debt (International Firms) respondentGlobal
    • Meng is a partner with engineering and business acumen.

      Capital Markets: Debt (International Firms) respondentGlobal
    • He demonstrated not only his solid legal and technical background but also his exceptional dedication and professionalism.

      Capital Markets: Debt (International Firms) respondentGlobal
  • Up and ComingClaudia Yu
    Up and ComingClaudia Yu

    Claudia Yu

    Claudia Yu advises clients on all manner of equity capital markets transactions, covering H-share IPOs, NASDAQ listings and share placings.

    • Claudia is a very knowledgeable lawyer who is able to provide constructive suggestions to us.

      Capital Markets: Debt (International Firms) respondentGlobal
    • Claudia is always very responsive and very hands-on as a partner. Her advice is clear and actionable and reflects a high level of sophistication built upon her in-depth technical knowledge.

      Capital Markets: Debt (International Firms) respondentGlobal
    • Claudia has demonstrated a remarkable ability to resolve complex legal issues, navigating intricate corporate matters with clarity and strategic insight.

      Capital Markets: Debt (International Firms) respondentGlobal

Ranked Individuals at Sidley Austin LLP (5)

China

  • Profile image of Constance Choy

    Constance Choy

    Capital Markets: Equity (International Firms)

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  • Profile image of Meng Ding

    Meng Ding

    Capital Markets: Equity (International Firms)

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  • Profile image of Claudia Yu

    Claudia Yu

    Capital Markets: Equity (International Firms)

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  • Profile image of Carrie Li

    Carrie Li

    Capital Markets: High-Yield Products (International Firms)

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Members

Provided by Sidley Austin LLP

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