International Partner

Beijing, Hong Kong

+861085640788

Highly regarded

Fluent in four languages
including Mandarin
English
French and Cantonese and proficient in Shanghainese.


Bar admissions:

Hong Kong
New York

Jurisdictions:

China
Hong Kong SAR

Practice areas:

Banking
Project development
Project finance

Industry sectors:

Energy
Oil and gas
Utilities


Hallam Chow is an International Partner of Haiwen & Partners and a Consultant of Haiwen & Partners LLP.

His practice primarily involves banking & finance, projects and project finance, structured finance and energy & infrastructure and oil & gas joint ventures, as well as asset-based finance, including aircraft, equipment and facility leasing.

Prior to joining Haiwen, Hallam had been a partner for over two decades with international law firms working in their New York, Hong Kong and Beijing offices.

         Acquisition, Take Private and Fund Finance

  • Currently advising New Frontier Group in connection with Hong Kong Integrated Oncology Center's financing provided by United Overseas Bank Limited relating to New Frontier Group's acquisition of Hong Kong Integrated Oncology Center, a leading comprehensive private oncology medical platform.
  • Advised Tai Fung Bank Limited (大豐銀行股份有限公司) as Lender in a HK$206,000,000 term loan facility to the Borrower in connection with the Borrower's acquisition of certain issued shares of J&T Global Express Limited (01519.HK), a company incorporated under the laws of Cayman Islands, and which is later listed on the Stock Exchange of Hong Kong Limited.
  • Advised the Luxembourg branch of a leading PRC bank, as Agent and Security Agent, on a EUR 165 million term loan facility made to CGL Hungary VI Assets Investment Kft. and CGL Hungary EU Investment Management Kft., as Borrowers, in connection with their acquisition from the Singapore sovereign wealth fund, GIC, of a pan-European logistics property portfolio involving over 10 jurisdictions.
  • Advised Tai Fung Bank Limited on an RMB 300 million term loan facility made to Eosaurora Limited in connection with its subscription of certain participating shares in a segregated investment portfolio for the ultimate purpose of investing in certain shares in a major PRC infrastructure company.
  • Advised a Hong Kong-based asset management company, as borrower, in a US$120 million term loan facility made from Bank of Shanghai (Hong Kong) Limited, as agent, Bank of Shanghai (Hong Kong) Limited, The Shanghai Commercial & Savings Bank, Ltd., Hong Kong Branch, Fubon Bank (Hong Kong) Limited and Macao Development Bank Limited as original lenders, for financing the investment needs and refinancing existing indebtedness of the borrower.
  • Advised a Hong Kong-based asset management company, as borrower, on a US$150 million term loan facility made from Neutron Three, an orphan special purpose vehicle, for financing a highly structured performance linked swap transaction.
  • Advised a wholly-owned subsidiary of a Hong Kong-based asset management company, as borrower, on a HK$1.256 billion term loan facility made from Chong Hing Bank Limited, as Lender, for financing the borrower's payment under a highly structured performance linked swap transaction.
  • Advised a wholly-owned subsidiary of a Hong Kong-based asset management company, as borrower, on a US$100 million term loan facility made from Tai Fung Bank Limited, as Lender, for financing a highly structured performance linked swap transaction.
  • Advised Tai Fung Bank Limited on a HK$780 million term loan facility made to United Strength Harmony Limited, an investment holding company, in its acquisition of 1.594% of the issued shares of New Gains Group Limited.
  • Advised Ping An Bank Co., Ltd., Hong Kong Branch on a HK$3 billion multicurrency term loan facility made to Mei Wah Industrial (Hong Kong) Limited, as Borrower, in its acquisition of the entire issued share capital of Shenzhen Investment International Capital Holdings Infrastructure Co., Ltd.
  • Advised a leading PRC bank and its ten overseas branches in Europe and Asia Pacific on the US$3.5 billion financing to Spring Chem Ltd for the subscription of the of the perpetual bond issued by CNAC (HK) Golden Bridge Company Limited, a Hong Kong Subsidiary of China National Agrochemical Company Limited and China National Chemical Corporation (ChemChina).
  • Advised a syndicate of PRC and international banks on the US$4 billion facility made to China Yangtze Power International (Hong Kong) Co., Limited on the acquisition of Peru's largest electric company Luz del Sur from Sempra Energy. The deal would be the largest acquisition made by a Chinese state-owned enterprise in the Americas since 2015.
  • Advised a leading PRC bank as mandated lead arranger, bookrunner and underwriter and agent on a facility to COFCO (Hong Kong) Limited, a wholly-owned subsidiary of COFCO Corporation, China's largest food processing company with interests in, among others, agricultural commodities trading and agricultural products processing, to take China Agri-Industries Holdings Limited private pursuant to a scheme of arrangement.
  • Advised a leading PRC Bank on the financing to Warburg Pincus for its investments in Ant Financial, the affiliate of Alibaba Group Holding Ltd. China's Ant Financial, raised about US$14 billion in what market watchers called the biggest-ever single fundraising globally by a private company, as it accelerates the expansion of Alipay globally and develops new technology. The financing makes Ant Financial the largest fintech firm in the world and equips it with enormous resources for expansion. The deal was awarded "Private Equity Deal of the Year 2018" by China Law & Practice Awards, "Deal of the Year 2018: PE/VC and Fintech" by China Business Law Journal and "Private Equity Deal of the Year 2019" by Asia Legal Awards hosted by The Asian Lawyer.
  • Advised a major PRC bank on the EUR6.8 billion acquisition loan to a Chinese sovereign investment corporation in connection with its approximately 12.25 billion euro acquisition of logistics assets in Europe. The deal was awarded "Real Estate Deal of the Year 2018" by China Law & Practice Awards.
  • Advised a leading PRC Bank as mandated lead arranger, bookrunner, agent and security agent on the US$850 million acquisition financing involving eight jurisdictions for the acquisition of all the issued shares of Sirtex Medical Limited, an Australian medical device company specializing in oncology treatment using Selective Internal Radiation Therapy (SIRT). The buyers CDH and China Grand Pharmaceutical and Healthcare Holdings Limited have jointly offered a total consideration of US$1.4 billion in cash for the acquisition. The deal was awarded "Inbound M&A Deal of the Year 2018" by Mergermarket Inaugural Australia M&A Awards and "Deal of the Year 2018: M&A" by China Business Law Journal.
  • Advised a syndicate of international and PRC banks on the EUR2.2 billion multi-tranche and multi-currency financing to Beijing Automotive Group in connection with its acquisition of the public listed shares of a certain German automotive company.
  • Advised a leading PRC Bank as sole China lead arranger, bookrunner, mandated lead arranger and lender on the approximately US$4.3 billion and EUR1.8 billion term loan and US$900 million revolving loan facility transaction for the US$12.5 billion acquisition of 100% of Akzo Nobel's specialty chemicals business by The Carlyle Group and GIC.
  • Advised a leading PRC Bank on a proposed US$10 billion acquisition loan to a Chinese power company in connection with the proposed acquisition of a public listed European utility company.
  • Advised a leading PRC bank on the financing of US$44.8 million to Minsheng Education Group Company Limited for the acquisition of 100% of the shares of TCL Educational Web, an online education platform incorporated in the British Virgin Islands with business operations in multiple cities and provinces of China.
  • Advised a leading PRC bank on the US$30 million revolving financing to Oaktree Pinnacle Investment Fund, L.P. The revolver shall operate as a sub line credit for financing the investment activities and working capital of Oaktree Pinnacle Investment Fund, L.P.
  • Advised a leading PRC bank on the US$30 million revolving facility to BNR Lotus Investment LP, an investment vehicle of Silk Road Fund with the Macau sovereign fund as one of the Limited Partner.
  • Advised Ping An Bank as lender on a HK$3.8 billion facility to PA Investment Funds SPC IV for its participation in the buyout of Dalian Wanda Commercial Property Co's Hong Kong-listed shares for an aggregate value of HK$34.5 billion (US$4.4 billion).
  • Advised a syndicate of PRC banks as mandated lead arrangers and original lenders on a US$2 billion financing for the privatisation of Shenzhen-headquartered Mindray Medical International Limited, a leading developer, manufacturer and marketer of medical devices worldwide listed on the NYSE.
  • Advised a leading PRC bank, as arranger, and the Luxembourg branch of the PRC bank, as agent and security agent extend a US$10 billion term loan facility to Global Chem Investment in support of its equity investment in an affiliate of China National Chemical Corporation for application toward the US$45 billion acquisition of Syngenta, a major and global Swiss agribusiness conglomerate.
  • Advised the Macau branch of a leading PRC bank on a US$55 million term loan to Candlewood Investment SRL and Springwood Investment SRL to finance their share purchase for the acquisition of the share capital in Red Star Macalline Group Corporation Ltd. and a US$25 million term loan to Candlewood Investment SRL for its general corporate funding.
  • Advised the Macau branch of a leading PRC bank as lender on a US$470 million loan to Fosun International Limited, as borrower, to finance the payment of the share purchase consideration of a certain company.
  • Advised major national PRC banks in connection with Genesis Care Pty Limited's debt reorganisation.
    Corporate Finance
  • Advised Lionbridge Financing Leasing (China) Co., Ltd. (狮桥融资租赁(中国)有限公司) as Borrower, in a CNY399,000,000 unsecured term loan facility made from Asian Infrastructure Investment Bank as Lender, in connection with financing support for the Borrower's new energy electric commercial vehicle leasing project. This transaction is the first RMB loan program to a Chinese financial leasing company since the establishment of AIIB.
  • Advised Tai Fung Bank Limited (大豐銀行股份有限公司) as Lender in a HK$600,000,000 revolving loan facility to Shandong Hi-Speed Holdings Group Limited as Borrower in connection with financing the general working capital requirement. The Borrower is a Hong Kong-listed company whose business primarily involves industrial investment, standard investment business, nonstandard investment business, and licensed financial services, with assets of HK$ 78 billion in total.
  • Advised the Singapore branch of a leading PRC bank on a US$100 million term loan facility made to Dito Telecommunity Corporation, a major telecommunications provider in the Philippines.
  • Advised the Hong Kong arm of a leading PRC bank on a US$200 million term loan facility made to Dito Telecommunity Corporation, a major telecommunications provider in the Philippines.
  • Advised Ping An Bank Co., Ltd., Hong Kong Branch on a US$150 million (or its HK dollars equivalent) dual currency revolving facility made to Yuexiu Property Company Limited, a comprehensive property development enterprise in China, as Borrower, for financing of working capital of the Borrower.
  • Advised three leading PRC banks as mandated lead arrangers and a syndicate of eight Chinese and international banks as lenders on a term facility of US$300 million to ZTE (H.K.) Limited in connection with financing the general working capital requirement and refinancing of its and its subsidiaries' existing indebtedness.
  • Advised the Singapore branch of a leading PRC Bank on a US$200 million facility made to Dito Telecommunity Corporation, the third largest telecommunications service provider company in the Philippines for the rollout and operation of its 4G/5G network in the Philippines.
  • Advised a lender on the EUR50 million financing facility to Dika Morocco Africa in connection with the borrower's general corporate purposes.
  • Advised a leading PRC bank on the US$10 million trade financing to Sod Mongol Group LLC in connection with the purchase of imported goods. The transaction involves taking real estate and other securities in Mongolia and is the first trade financing of this type for the bank in Mongolia.
  • Advised China Everbright Bank on a term loan facility to an international tire manufacturer.

    Export Credit Facility

  • Advised the Export-Import Bank of China Paris Branch, as Lender, in a term loan facility made to a Serbian mining company, as Borrower, for financing the Borrower's working capital needs.
  • Advised the Export-Import Bank of China Paris Branch in connection with a term loan financing to a major Portuguese infrastructure company as Borrower in connection with financing the general corporate purpose of the Borrower.
  • Advised the Export-Import Bank of China Paris Branch in connection with a term loan facility to be provided to a major Brazilian bank as Borrower in connection with financing the working capital purpose of the Borrower.
  • Advised the Export-Import Bank of China, as Lender, in a second amendment to the US$127.5 million term loan facility made to Ahmed Siyam Holdings Private Limited, as Borrower.
  • Advised the Export-Import Bank of China Paris Branch, as Lender, in a US$68 million term loan facility made to Serbia Zijin Copper Doo Bor, as Borrower, for financing the Borrower's working capital needs. The Borrower is Zijin Mining Group's first company in the Balkans and is one of the largest companies in Serbia.
  • Advised a syndicate of PRC bank on a Euro 90 million export credit facility in connection with the financing of the development of a hotel and tourism complex at the Ouidah Port in Benin.
  • Advised a syndicate of PRC and international banks on the Euro 149 million export credit facilities in connection with the renovation and asphalting of two road projects in Côte d'Ivoire.
  • Advised a syndicate of PRC banks on the Euro 75 million export credit finance in connection with a three million wheels manufacturing project in Morocco.
  • Advised two leading PRC banks on the Euro 167 million facility made to the Republic of Benin as part of the country's largest planned infrastructure development and the first export credit financing made by Chinese banks in support of Chinese construction companies for projects in Benin.
  • Advised a syndicate of PRC banks on an approximately US$1 billion export credit facility in connection with a highway project in Zambia.
  • Advised a leading PRC bank on an approximately US$360 million export credit facility in connection with a housing project in Ukraine.
  • Advised China Development Bank on an export credit facility to Bulgaria BTC Network.
  • Advised China Development Bank on an export credit facility to Ukrtelecom in Ukraine.
  • Advised China Development Bank on an export credit facility to PT Smart Telecom in Indonesia.

    Projects and Project Finance
    Energy, Power and Infrastructure, Solar & Wind

  • Currently advising a major national PRC bank to provide an approximately 350 million Euro loan in connection with an approximately total installed capacity of 300 MW Vetrozelena Wind Farm Project to be located in Pancevo, Republic of Serbia.
  • Currently advising a major Chinese SOE in relation to its acquisition, development, construction, financing and operation of a solar PV project in Coțofeni, Romania.
  • Currently advising a major Chinese SOE in relation to its development and financing of the Arkalyk wind power project.
  • Currently advising a Hong Kong renewable energy company as a potential investor in the development of solar power generation projects and BESS in Sweden.
  • Advised Goldwind Science & Technology Co., Ltd. and its five Argentine subsidiaries in a US$ 270 million green loan facility for purposes of refinancing the existing term loan facilities in connection with the development of five wind power projects with an aggregate 374.65 megawatts in Argentina. The syndicate of PRC and international banks includes Bank of China Limited, Panama Branch.
  • Advised a syndicate of PRC and international banks on the five project financing facilities with an aggregate value of US$450 million to the subsidiaries of Goldwind for the development of five wind power projects with an aggregate 374.65 megawatts in Argentina, accounting for more than 40 percent of the total wind power capacity of Argentina. This deal was awarded "Projects & Energy Deal of the Year 2020" at the China Law & Practice.
  • Advised a syndicate of PRC and international banks at the pre-bid phase on a US$550 million soft mini perm project financing facility for the development of the 750 MW Al Kharsaah solar project in Qatar.
    Infrastructure
  • Advised a syndicate of lenders including leading international and PRC banks in connection with the US$975 million financing to COSCO Shipping Ports Chancay Peru S.A. for the development, design, engineering, construction, management, and operation of a multi-purpose port facility including terminals and related infrastructure facilities located in Chancay, Peru. This deal was awarded as 2022 Typical Case of Brand Building of Central Enterprises by the State-owned Assets Supervision and Administration Commission of the State Council, which fully demonstrated the company's good image of being responsible, bearing responsibility and deeply planting the concept of green development. It was also awarded "LatinFinance Award for Port Financing of the Year" in 2023 Project & Infrastructure Finance Awards, and "Finance Deal of the Year" in ALB Hong Kong Law Awards 2023.
  • Currently advising a major Chinese SOE as an equity investor in connection with the development and financing of the proposed revitalisation of the cross-border railway located in Africa.
  • Advised a leading Chinese bank in connection with the financing of a secure housing project on the island of Hulhumale in the Maldives.
  • Advised a syndicate of PRC and international banks as Lenders in connection with the signing of a total of 150 million Euro financing to the Republic of Cote d'Ivoire for the renovation and construction of two road projects in Côte d'Ivoire.
  • Advised one of the largest infrastructure and power companies in China, in its capacities as sponsor, EPC contractor and O&M contractor in connection with the development and financing of the first annuity road project in Kenya.
  • Advised a syndicate of leading international and PRC banks on the project financing of US$ 980 million financing to Bracell SP Celulose LTDA and Bracell SP Cellulose Trading FZCO. Bracell is the world's largest producer of dissolving pulp and specialty cellulose, whose operations are supported by the sustainable cultivation of eucalyptus and state-of-the-art factories. The financing aims to support the ambitious Project Star in Brazil on dissolving pulp capacity expansion, from the current 250,000 tons per year to add another 1.25 million tons, in the state of San Paolo. Project Star, upon completion in 2021, is expected to be the largest foreign direct investment in the State of São Paulo in the last 20 years.
  • Advised a PRC sovereign fund on the project financing facility of RMB 1.4 billion in connection with the design, construction, financing, development, implementation, commissioning and operation of the Samarkand Tourism Centre in Uzbekistan to be used in connection with the 2022 Shanghai Cooperation Organisation Summit in Samarkand – the historic town and cross-road of Silk Route.
  • Advised China Exim Bank on the financing of the development of an international airport in Benin.
  • Advised Asian Development Bank in connection with a proposed railroad project in Mongolia connecting Oyu Tolgoi coal mine to China, including a review of the Mongolian railway transportation and licensing laws and regulations, an analysis of options for potential financing.
  • Advised New Jersey Turnpike Authority in connection with the financing of an interstate highway upgrade project between New York, New Jersey and Connecticut.
  • Advised Hong Kong Mass Transit Railway Corporation in connection with the construction, development, operation and financing of the Airport Express system and related railcar leasing transactions.
  • Advised a major Chinese SOE on the development of an approximately US$260 million highway project in Bangladesh.
  • Advised a major Chinese SOE on the development of a railway project in Guinea.
  • Advised a major Chinese SOE as investor and EPC Contractor on the development of Terminal Poruario Sao Luis in Brazil.
  • Advised a Chinese sovereign fund and a major PRC telecommunications company on the investment in a public private partnership project for building, operating and transferring of a fibre-optic network in Kazakhstan.

    Water & Sewage

  • Currently advising major national PRC banks in connection with approximately EUR 200 million to the Republic of Serbia represented by the Government of the Republic of Serbia acting by and through the Ministry of Finance for the construction of sewage infrastructure in Inđija, Ada, Doljevac, Lelić, Kušiljevo, Bezdan, Ćićevac-Stalać, Novi Sad II and Subotica in Serbia.
  • Advised Bank of China Srbija a.d. Beograd as mandated lead arranger and Bank of China Limited Hungarian Branch as agent and lender in connection with approximately EUR 200 million to the Republic of Serbia represented by the Government of the Republic of Serbia acting by and through the Ministry of Finance for the construction of sewage of infrastructure in Varvarin, Mionica, Krupanj, Lajkovac, Banja Vrujci, Svrljig, Kladovo, Lazarevac, Veliki Crljeni, Obrenovac and Vranje in Serbia.
  • Advised Asian Development Bank on the US$150 million A Loan and US$300 million B Loan syndication financing to China Water Environment Group Investment Limited for the construction of multiple wastewater treatment plants and related works for the improvement of river and lake water quality in central and western regions of China.
  • Advised Asian Development Bank on a US$200 million (and its RMB equivalent) financing to help China Water Affairs Group Limited to improve waste water management and increase people's access to clean and reliable water supply in the PRC.
  • Advised Asian Development Bank on a US$200 million A Loan and B Loan to Beijing Capital in connection with the construction and management of wastewater treatment facilities in China.
  • Advised Asian Development Bank on a proposed loan of approximately US$100 million to China Everbright Environmental Energy Ltd. to finance a portfolio of waste-to-energy projects in Vietnam.
  • Advised Asian Development Bank on the China Water Environment Group Limited integrated river and lake rehabilitation project.
  • Advised China Exim Bank in the development of the Souapiti hydropower project and Kaleta hydropower project, both located in Guinea. This project adopted an innovative and complex structure of a hybrid sovereign loan and project finance and required the amendment of Guinean local legislation.
  • Advised a major Chinese EPC contractor as investor and EPC Contractor on its potential investment in Ramu II hydro project in Papua New Guinea.
  • Advised Asian Development Bank as lender on the US$150 million dual currency facility to Xinkai Water Environment Investment Co., Ltd and China Water Environment Group Investment Limited, a subsidiary of CITIC Group. The financing assists the borrower group to implement a series of water resources management projects including reclamation and supply, wastewater and sludge treatment, water supply, and water environment rehabilitation and management projects in the PRC.
  • Advised China Water Affairs Group Limited on its Regulation S offering of US$300 million 5.25% Senior Notes due 2022. Morgan Stanley acted as the sole global coordinator and bookrunner. China Water Affairs is one of the largest publicly-listed water supply companies in China based on volume of water sold. This is their debut bond offering in the international capital market.
  • Advised China Water Affairs Group Limited on an equity investment by the International Finance Corporation of up to HK$155 million.
  • Advised Asian Development Bank on the long-term US$120 million loan ("A") and seven-year US$288 million loan ("B") to Beijing Enterprises Water Group Limited and its PRC subsidiary BEWG Environmental Group Co. Ltd. for municipal wastewater and reuse projects in the PRC. The facility is supported by a guarantee provided by Beijing Enterprises Water Group Limited. This deal won "Project Finance Deal of the Year" at the China Law & Practice Awards 2015.
  • Advised Asian Development Bank as a lender on a US$200 million (and/or its RMB equivalent) multi-currency financing in connection with the expansion and improvement of water distribution in rural and semi-urban communities in the PRC. This project will support China Water Affairs Group Limited, a private sector front-runner company in the PRC's urban water sector, in expanding participation in the privatization and operation of water distribution and treatment in secondary cities across the PRC.
  • Advised Asian Development Bank on its proposed loan to a subsidiary of a water project company, to invest in multiple project companies for the rehabilitation, expansion and operation of water treatment and/or distribution facilities throughout China. This project won "Infrastructure and Energy Deal of the Year 2012" by China Business Law Journal and received the "Development Impact Honors" award from the US Department of the Treasury.

    Mining

  • Advised a PRC Sovereign Fund on a US$200 million term loan facility to China Hongqiao Group Limited in connection with the import of bauxite from the Republic of Guinea.
  • Advised a PRC Sovereign Fund on a US$200 million equity investment in Baiyin International Investment Limited, a subsidiary of Baiyin Nonferrous Group Co., Ltd on certain platinum mining project in South Africa.
  • Advised a PRC Sovereign Fund on a US$200 million equity investment in NFC (Mauritius) Mining Company Limited, a subsidiary of China Nonferrous Metal Mining (Group) Co., Ltd. on the development of the Dari zinc-lead mining project in Indonesia.

    Oil & Gas and LNG

  • Currently advising a major Kazakhstan joint venture Project Company in connection with the implementation of the approximately US$7.6 billion project on construction of the first integrated gas chemical complex in Atyrau region Stage 2 (Polyethylene Production) with a capacity of 1.25 million metric tons per year, being the largest polyethylene project in Kazakhstan.
  • Currently advising a major Russian joint venture Project Company in connection with the financing, refinancing and restructuring of certain transactions in connection with the design, development, financing, construction, testing, commissioning, operation, management and maintenance of a gas chemical complex based on ethane and LPG feedstock located in the Amur Region of the Russian Federation.
  • Currently advising a major national PRC oil company to develop a greenfield integrated refining and petrochemical project to be located in the Gulei Petrochemical Base in Fujian Province, China.
  • Advised various leading international and PRC banks on the US$1.5 billion acquisition financing for COSL Norwegian AS, a wholly owned subsidiary of China Oilfield Services Limited, an affiliate of CNOOC Ltd, in connection with its US$2.5 billion acquisition of Awilco Offshore ASA, a Norwegian oil and gas drilling contractor. This acquisition occurred during a period of high demand for oil and gas in China, increased COSL's drilling rig-fleet to from 15 to 22 and provided COSL with further opportunities to market its non-drilling services, such as marine transport and seismic mapping, to Awilco's existing customers like BP, Statoil and Repsol.
  • Advised China Gas Holdings Ltd. on the US$20 million private sector loan agreement to support natural gas and liquefied petroleum gas deliveries to households, hospitals, industry, and services crucial to the ongoing response COVID-19 and the post-pandemic recovery in Wuhan and other affected areas in Hubei province, PRC. The deal was awarded "Oil & Gas Deal of the Year (North Asia) (China) 2021"by the Asset Triple A Infrastructure Awards.
  • Advised Kazakhstan Petrochemical Industries Inc. as borrower on the US$2 billion financing provided by China Development Bank Corp. (as original lender, agent and arranger) to Kazakhstan Petrochemical Industries Inc. to finance its development of a petrochemicals complex.
  • Advised a Chinese sovereign fund on a US$200 million equity investment in an Ethiopian LNG project. The US$4 billion project consists of five exploration blocks in the Ogaden Basin of Ethiopia and will also involve the construction of a 700 km gas pipeline to transport up to 12 billion cubic metres of gas per year from the Ogaden Basin to the port of Damerjog in Djibouti where an LNG liquefaction and export plant will be built. The deal was awarded as "Project & Energy Deal of the Year 2018" by China Law & Practice.
  • Advised China National Offshore Oil Corporation (CNOOC) on a proposed pipeline project from Uganda to Kenya / Tanzania. The project involves the execution of intergovernmental and host country agreements between Uganda and Kenya / Tanzania for the construction and operation of an oil pipeline, as well as an analysis of options for potential financing.
  • Advised the Paris branch of a leading PRC bank on the US$178 million loan to "New Silk Road Oil and Gas" Limited Liability Company, which is a joint venture between the national oil company of Uzbekistan, Uzbek NHC Uzbekneftegaz and China National Petroleum Corporation in connection with the exploration, exploitation, development and operation of the Karakul gas block in the country's southern province of Bukhara. The first phase project development cost is earmarked at US$377.5 million. This transaction was highlighted as one of the major Belt and Road Project by the Government of the PRC and the Republic of Uzbekistan.
  • Advised COSL Singapore Capital Ltd., as issuer, and China Oilfield Services Limited (COSL), as guarantor, on the establishment of a US$3.5 billion EMTN Programme, and in the subsequent drawdown of US$500 million 3.50% Guaranteed Notes due 2020 and US$500 million 4.50% Guaranteed Notes due 2025 under the Programme. The Programme and the Notes are listed on The Stock Exchange of Hong Kong (SEHK).
  • Advised the Macau branch and Hong Kong arm of a leading PRC bank as mandated lead arrangers and as agent on a US$250 million loan to Trident Investment Holdings Limited for financing the Carlyle Group and Huo's Group's acquisition of a 75% stake in Tongyi Lubricants from Shell.
  • Advised CNOOC as the borrower on a US$3 billion syndicated loan with facility A provided by Australia and New Zealand Banking Group Limited, The Hongkong and Shanghai Banking Corporation Limited (Sydney Branch), Barclays Bank PLC (Australia Branch), Citibank, N.A., (Sydney Branch), Mizuho Bank, Ltd (Hong Kong Branch), Sumitomo Mitsui Banking Corporation, Bank of America N.A., (Australia Branch), Goldman Sachs Lending Partners LLC and facility B provided by China Construction Bank (Sydney Branch), Australia and New Zealand Banking Group Limited, Bank of China Limited (Sydney Branch), Barclays Bank PLC (Australia Branch), Citibank, N.A., (Sydney Branch), Commonwealth Bank of Australia and Sumitomo Mitsui Banking Corporation.
  • Advised Saudi Aramco on a joint venture with China's Sinopec to jointly develop a 400,000 barrels-per-day (bpd) refinery project in Yanbu', on the west coast of Saudi Arabia. This deal was named "Deal of the Year 2012" by ASIAN-MENA COUNSEL and is nominated for "Energy & Resources Deal of the Year 2013" by ALB China Law Awards.
  • Advised Asian Development Bank on the acquisition of a stake in China Gas Holdings as part of a package that will provide approximately US$149 million funding to be used to establish, acquire and operate a series of new natural gas distribution projects through joint ventures with local governments and state-owned enterprises across China.
  • Advised Saudi Aramco on the RMB 30 billion (approximately US$4 billion) limited recourse financing to the Fujian Refining and Ethylene Joint Venture Project, which will be the largest world-class integrated refining and chemicals complex in China and represents the largest ever project financing for a Sino-foreign joint venture in China. Saudi Aramco, ExxonMobil and Fujian Petrochemical and Refining Company (an affiliate of Sinopec) are the project sponsors. The project has been named "Project Finance Deal of the Year" at the IFLR's Asian Awards 2008; "Asia Pacific Oil & Gas Downstream Deal of the Year" and one of the "Top Ten Global Project Finance Deals for 2007" by Project Finance Magazine; and one of the "Deals of the Year 2007" by Asian Counsel.
  • Advised as finance counsel, BP Berau and the other sponsors on the US$2.6 billion financing of the Tangguh LNG Project in Indonesia operated by BP. The transaction is named as the "Asia-Pacific LNG Deal of the Year 2006" by Project Finance and was also included as one of Asian Counsel's "Deal of the Year 2006".
  • Advised a major Chinese oil company on a proposed crude oil pipeline project in Africa.

    Asset Finance

  • Currently advising a major national PRC financial leasing company on its acquisition of an A320NEO aircraft under an operating lease.
  • Advised Minsheng Commercial Aviation Limited. Sale and lease-back to Spring Airlines Co., Ltd. of two (2) new Airbus A320neo aircraft. A320neo is a development of the A320 family of narrow-body aircraft produced by Airbus, which remains relatively new type of Airbus aircraft to the China market or even the whole world.
  • Advised Minsheng Financial Leasing Co. Ltd. Sale and lease-back to Lucky Air Co., Ltd. of four (4) new Boing 737 MAX 8 aircraft. 737 MAX family aircraft is a relatively new aircraft developed by Boeing.
  • Advised Minsheng Financing Leasing Co., Ltd. on its sale of two aircraft on lease to China Airlines Ltd., part of the sale proceeds were for repayment of the current financing in connection with the two aircraft.
  • Advised Minsheng Financial Leasing Corporation on its portfolio acquisition of 13 aircraft from Ryanair, China Eastern Airlines, Norwegian Air, SAS, Iberia, Aeroflot and Garuda. Currently the sale and novation of 5 aircraft has been closed. The transaction was won "China Deal of the Year" Award from AirFinance Journal 2014.
  • Advised Nomura Holdings, Inc., Nomura Babcock & Brown Co., Ltd. and BBAM Aircraft Management LLC, on a Sharia law compliant sukuk issuance with a total aggregate principal amount of US$100 million. This was the first sukuk involving a Japanese multinational corporation. Proceeds from the sukuk issuance were used to finance the purchase of one Boeing 737-800 aircraft and one Airbus A320-232 aircraft on lease to Norwegian Air Shuttle ASA and Wizz Air Hungary Ltd. respectively. The sukuk issuance and related sale and leaseback of the respective aircraft required coordinating businesses and legal counsel across multiple jurisdictions including Hong Kong, Japan, Dubai, England, Malaysia, Indonesia, Norway and the United States. This deal received an honorable mention in Asian-Counsel's "Deals of the Year 2010", nominations for the "Islamic Finance Deal of the Year" at the ALB SE Asia Law Awards 2011 and "The Japan In-House Counsel Network Award Debt Market Deal of the Year" at the ALB Japan Law Awards 2011.
  • Advised AirAsia X Sdn Bhd, as lessee, on the sale and leaseback of two Airbus A330 aircraft. ICBC Financial Leasing Co., Limited acted as arranger and the aircraft were registered in Malaysia.

  • Banking
  • Project development
  • Project finance
  • M&A
  • Restructuring and insolvency

  • Energy
  • Oil and gas
  • Utilities
  • Aviation
  • Banking

  • Georgetown University Law Center, JD, cum laude, International Academy of Trial Lawyer's Award for Juvenile Justice Clinic
  • Georgetown University, BA, magna cum laude, Phi Beta Kappa, Pi Sigma Alpha
  • University of Oxford, St. Antony's College, Visiting Student