| Standout | Sidley Austin | 8 | 9 | 9 | 26 | Achieved an offshore debt restructuring for China-based client LDK Solar, while keeping onshore creditors on board. It sets a precedent for multi-jurisdictional restructurings of Chinese companies. |
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| Standout | Skadden, Arps, Slate, Meagher & Flom | 8 | 9 | 9 | 26 | Developed a new model for presenting financial information to enable ecommerce company Cogobuy’s Hong Kong Stock Exchange initial public offering and listing. It supports the re-emergence of HK as a centre for Chinese high-tech IPOs. Commended: Christopher Betts. |
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| Highly Commended | Allen & Overy | 8 | 8 | 9 | 25 | Put together a unique risk mitigation package for export credit agencies and commercial bank funders of Western Australia’s Roy Hill iron ore project, the largest ever project financing for land-based mining. Commended: Adam Stapledon. |
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| Highly Commended | Latham & Watkins | 8 | 8 | 9 | 25 | Advised Roy Hill Holdings and project sponsors in the $7.2bn limited recourse project financing for the construction of the Roy Hill iron ore project. Commended: Stephen McWilliams, Andrew Roche. |
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| Highly Commended | Norton Rose Fulbright | 8 | 9 | 8 | 25 | Advised the Hong Kong government on its inaugural $1bn sukuk issuance in the first US dollar-denominated Islamic bond originated by an AAA-rated government. |
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| Highly Commended | Paul Hastings | 9 | 8 | 8 | 25 | Using debt raised from US institutional investors, advised on a pioneering financing on behalf of lead arrangers for KKR-affiliate IBC Capital’s acquisition of Goodpack, a Singapore-listed company. |
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| Highly Commended | Simpson Thacher & Bartlett | 9 | 8 | 8 | 25 | Represented KKR in the acquisition and restructuring of Goodpack using a complex series of loan financing facilities devised with institutional US investors. |
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| Highly Commended | Freshfields Bruckhaus Deringer | 8 | 8 | 8 | 24 | Introduced a new financing device to the Asian market and allowed Chinese ecommerce company Alibaba to pursue its ambitious growth strategy in advising on its $3bn, five-year, revolving credit facility. Commended: David Winfield. |
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| Highly Commended | Paul Hastings | 9 | 8 | 7 | 24 | Acted for Deutsche Bank Tokyo Branch in the non-recourse ¥11.2bn financing for a solar project in Ibaraki Prefecture, Japan. |
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| Highly Commended | White & Case | 8 | 8 | 8 | 24 | Advised on the largest private equity buy-out in South Korea since 2008 and the country’s first mezzanine financing in asset manager Carlyle Group’s $1.93bn acquisition of security company ADT Korea. |
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| Commended | Allen & Overy | 8 | 7 | 8 | 23 | Worked with HSBC and Standard Chartered Bank on the $1bn debut sukuk offering in Hong Kong, helping to develop its reputation as hub for Islamic finance. |
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| Commended | Latham & Watkins | 7 | 8 | 8 | 23 | Acted for the underwriters and lenders in Asia’s first leveraged buy-out to be directly financed through a high-yield bond in a buyout by a consortium led by investment firm Blackstone Group of consulting and outsourcing company Pactera Technology International. |
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| Commended | Linklaters | 8 | 7 | 8 | 23 | Worked with Bank of China on a landmark $6.5bn issue of renminbi-denominated, US-dollar-settled offshore preference shares. |
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| Commended | Norton Rose Fulbright | 8 | 7 | 8 | 23 | Prepared Bank of China for its agreement with the Australian Stock Exchange allowing Australian companies to use the renminbi as a settlement currency. |
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| Commended | Ropes & Gray | 8 | 7 | 8 | 23 | Advised an ad hoc committee of holders of LDK Solar’s New York law-governed, 10 per cent senior notes, in the context of a wider restructuring of LDK’s offshore liabilities. |
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| Commended | Shearman & Sterling | 7 | 8 | 8 | 23 | Worked with the International Finance Corporation and PT Indonesia Infrastructure Finance as senior lenders in the refinancing of PT Bajradaya Sentranusa’s hydroelectric power plant in Sumatra, Indonesia. Commended: Bill McCormack |
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| Commended | Simpson Thacher & Bartlett | 8 | 7 | 8 | 23 | Helped Laos-based Kolao Holdings deliver its first bond offering utilising the Credit Guarantee and Investment Facility established by the members of the Association of Southeast Asian Nations. |
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| Commended | Slaughter and May | 8 | 7 | 8 | 23 | Advised Alibaba in its strategic investment in department store operator Intime Retail under the new Practice Note 20 issued by Hong Kong’s Securities and Futures Commission. |
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| Commended | Ashurst | 7 | 8 | 7 | 22 | Overcame complex market challenges, advising three big export credit agencies, to provide financing for the first non-integrated, $2.8bn Donggi-Senoro LNG Project in Indonesia. Commended: Matthias Schemuth. |
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| Commended | Linklaters | 7 | 8 | 7 | 22 | Advised wind turbine company Suzlon Energy on the largest bond restructuring completed by an Indian company, bringing together the competing interests of stakeholders and the support of domestic regulators. |
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| Commended | Norton Rose Fulbright | 8 | 7 | 7 | 22 | Acted for a syndicate of banks on the first ever non-recourse, cross-border financing in Myanmar. |
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| Commended | Slaughter and May | 7 | 8 | 7 | 22 | Helped broker Citic Securities Brokerage (HK) on documenting certain funds financing under a general offer by investment company Pioneer Top Holdings for shares in China XLX Fertiliser. |
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| Commended | Baker McKenzie | 7 | 7 | 7 | 21 | Used a cross-border team to advise both project company and sponsors on the development and financing of the Rajamandala Hydroelectric Power Project in Indonesia. |
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| Commended | Sullivan & Cromwell | 7 | 7 | 7 | 21 | Following a ground-breaking initial public offering, represented the initial purchasers in Alibaba’s multiple concurrent offerings of senior unsecured notes valued at $8bn. |
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| Commended | White & Case | 7 | 7 | 7 | 21 | Assisted Chinese conglomerate Fosun in its acquisition of Caixa Seguros e Saude, the Portuguese insurer, in a ground-breaking multi-jurisdictional acquisition financing. |
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